US pre-open: New York seen opening higher on good retail sales data

American markets are expected to be buoyed by positive retail sales data in the US.

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Black Friday sales were disappointing compared to last year

US markets are seen heading higher on opening, with investors anticipating some good retail sales data for November thanks in part to a huge jump in carsales.

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Kam Patel

Kam is a former deputy editor at Hemscott Invest and online editor, City A.M and he was also previously the Digital Editor at IFA Magazine. Kam is currently a senior journalist at The Global Treasurer and contributes to MoneyWeek. Kam shares expertise on the FTSE 100, investing and global stocks.