Analysis: US stock indices set to end winning streak, rare November decline expected

Jinse Finance reported that the US stock market was closed on Thursday for Thanksgiving and will reopen on Friday until 1:00 PM Eastern Time (2:00 AM the next day in UTC+8). According to CNBC, with only about three hours of trading left this month, the major US stock indexes are set to end November with losses. As of Wednesday's close this month, the S&P 500 index has fallen by 0.4%, the Dow Jones by 0.29%, and the Nasdaq by 2.15%. Unless there is a significant rally in the shortened trading session on Friday, US stock indexes are about to end their winning streaks: the S&P 500 and Dow Jones have risen for six consecutive months, and the Nasdaq for seven. This would also mark a deviation from historical norms. According to Stock Trader's Almanac, since 1950, the S&P 500 has averaged a 1.8% gain in November. In US presidential election years, the index typically rises by 1.6%. However, this year is not a typical presidential election year. In the coming months or even years, it will be difficult to see the market follow any historical trajectory.