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Need to Know
When do markets close for Thanksgiving?
Investors have many things to be thankful for this year: global equities had risen in every single month this year, while every major economy expanded. That’s something to think about when U.S. markets close Thursday for Thanksgiving.
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Personal finance
![Gifts that pay off: Help your children to get a college education and pay off debt]()
Special ReportGifts that pay off: Help your children to get a college education and pay off debt
There’s a reason the phrase ‘gifts that keep on giving” is rarely accurate. But here it really works.
![What is a human life worth? When it comes to the opioid crisis, it’s at least $5 million]()
What is a human life worth? When it comes to the opioid crisis, it’s at least $5 million
A new estimate sets the cost of the opioid crisis at more than $500 billion, arguing the cost of human life needs to be factored in.
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Inside MarketWatch
Urban Outfitter's stock rallies toward 11-month high to help lead retail sector tracker to gains
Shares of Urban Outfitters Inc. rallied 1.9% in afternoon trade Wednesday, putting them on track to close at an 11-month high. The 7.1% run up this week, ahead of Black Friday, is the best three-day pre-Thanksgiving performance since 2008, in the depths of the Great Recession. The gains come as the apparel retailer reported Monday fiscal third-quarter profits, revenue and same-store sales that beat expectations. Urban's stock, which is headed for a seventh-straight gain, has now rocketed over 80% since it closed at an eight-year low in June. It is the most heavily weighted component of the SPDR S&P Retail ETF , with a 1.61% weighting as of Tuesday's close. In comparison, Wal-Mart Stores Inc.'s weighting was 1.46% and Amazon.com Inc. had a weighting of 1.41%. The retail ETF was up 0.4% in afternoon trade Wednesday. Urban's stock has gained 4.9% year to date, while the retail ETF has lost 5.3% and the S&P 500 has rallied 16.1%
