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Wall Street set to open lower ahead of Thanksgiving holiday

Wall Street set to open lower ahead of Thanksgiving holiday

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6.30am: US stocks seen opening down US stocks are expected to lower ahead of a slew of data releases due for release before the Thanksgiving holiday and as tech stocks continue to come under pressure due to a quicker move to interest rate hikes after it emerged that Jerome Powell would remain as Fed chair.   Futures for the Dow Jones Industrial Average declined 0.39% in Wednesday pre-market trading, while the broader S&P 500 index shed 0.34% and those for the tech-heavy Nasdaq 100 fell 0.38%.

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