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Trump's trade war with China could disrupt the traditional Thanksgiving rally

The stock market is most focused on developments in U.S.-Chinese trade relations, and positive developments around the G-20 meeting, where President Trump meets his counterpart, could kick-start a rally while no progress could be a negative. Durable goods, existing home sales and earnings from retailers, such as Best Buy and Target, are on the calendar for the week ahead. Historically, the odds for a positive market the week before Thanksgiving are high with the Dow up in 19 of the past 24 years.