Black Friday, Amazon strike, Activision shares and more: Friday’s 5 things to know

Here are the main events taking place on Friday which may affect trade.

BLACK FRIDAY: Trading action will resume on Friday, with the focus largely on retailers as shoppers hit stores.

The markets will be on a shortened schedule.

The riders will shop until 1 p.m. ET.

HOLIDAY SALE APARTMENT FOR DKK 64.5 billion. USD, DEALERS forced to offer offers

Black Friday shopping

Black Friday, the day after Thanksgiving, is traditionally the start of the holiday shopping season, which stores promote with discount sales. ((Photo by Andrew Lichtenstein/Corbis via Getty Images) / Getty Images)

The bond markets close early at 2 p.m. ET.

CME Energy and metal futures stop early at 1:45 PM ET.

SMALL BUSINESS SATURDAY: After Black Friday comes Small Business Saturday. It encourages holiday shoppers to patronize small and local brick and mortar businesses.

A new study published by Bankrate.com found that 59% of holiday shoppers are likely to hit stores on Small Business Saturday, while 56% plan to make purchases on Black Friday.

Retailers will still see significant traffic both in-person and online this Thanksgiving weekend just like normal, with about 80% off customers who say they want to shop either Friday, Saturday or Cyber ​​Monday, according to the survey.

The Amazon logo

Amazon’s logo appears on a Fulfillment Center. ((Photo by KAZUHIRO NOGI/AFP via Getty Images) / Getty Images)

AMAZON STRIKE: The e-commerce giant is reportedly facing new battles with labor unions this week, according to Fortune.

Its staff around the world are preparing to demonstrate against the company on one of its busiest days of the calendar year.

The move comes as part of a movement called “Make Amazon Pay.”

It involves 80 unions, environmental activism groups, tax watchdogs and other organizations.

Strikes and protests are expected to take place in around 40 countries.

The coalition calls for fair wages, the right to join unions and a commitment to true environmental sustainability.

MICROSOFT BID FOR ACTIVISION LIKELY TO BE BLOCKED BY FTC LAWSUIT: REPORT

A Blizzard booth during a convention

Activision Blizzard Booth during the Electronic Entertainment Expo in Los Angeles. (AP Photo/Jae C. Hong/AP Images)

ACTIVISION BLIZZARD: Shares fell 4% in extended trading Wednesday, following a Politico report that Microsoft’s bid to acquire the video game publisher could face a major roadblock as early as next month.

At the center of the FTC’s concerns is whether the acquisition of Activision would give Microsoft an unfair boost in the video game market.

OIL’S LOSING WEEK: While rising on Friday, oil pared some of the week’s losses, driven by concerns about Chinese demand and expectations of a high price cap planned by the Group of Seven (G7) nations on Russian oil.

US West Texas Intermediate (WTI) crude oil futures traded around $78.00 per barrel.
Brent crude oil futures traded around $85.00 a barrel. barrel.

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Both contracts were headed for their third straight weekly decline, on course to fall about 2% on concerns that supply would slow.

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