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U.S. markets news

Black Friday crowds thin in subdued start to US holiday shopping
PITTSBURGH/CHICAGO Crowds were thin at U.S. stores and shopping malls in the early hours of Black Friday and on Thanksgiving evening as shoppers responded to early holiday discounts with caution and bad weather hurt turnout.
Shoppers Hit the Stores for Black Friday  ABC News
2016 candidates buy in on #BlackFriday, Cyber Monday to fundraise  CNN
Chicago Tribune  
US Stocks Open Lower After China Slumps
U.S. stocks slipped Friday as energy and consumer-focused company shares weighed on major indexes, following a selloff in Asian markets earlier in the day.
GLOBAL MARKETS-China stocks hit hard, rest of world shrugs  Reuters Africa
Black Friday for China stocks but metals not so heavy  Channel News Asia
Black-eye Friday: Mall brawls break out as shoppers seek the best deals
Videos posted on social media late Thursday and early Friday showed shoppers brawling in malls as they jostled to get the best deals at the start of the holiday shopping season.
Local shoppers hit stores around Boston on Black Friday  The Boston Globe
WATCH: Brawl in US mall as Black Friday turns violent  Irish Independent
Local spots to check out for Small Business Saturday
Consider this your way to get holiday shopping done and stick it to the man. For weeks people have skimmed Black Friday sales to map their plan of attack at big box stores.
On Black Friday (and every day): #Shopsmall and help 28 million small ...  Fox News
Small Business Saturday returns Nov. 28  Santa Monica Daily Press
Thanksgiving shopping at stores 'was a bust'
Traffic at stores declined on Thanksgiving Day and into the wee hours of Black Friday analysts say, though executives at major retailers were pleased with the turnout.
Target A Black Friday Winner, Deep Discounts At Gap: Cowen  Barron's (blog)
Target's online sales broke a record on Thanksgiving — here are the top ...  Business Insider
GDP might be lower but it might not hurt
When is slower economic growth not such a bad thing? When it's caused by lower growth in the population. If that puzzles you, you're a victim of the economists' practice of focusing on growth in gross domestic product rather than GDP per person.
EconomyUK GDP: hats off to the consumer  Financial Times
Trade poses biggest drag on UK growth on record  The Globe and Mail
German shoppers' confidence 'dips' amid economic fears
Confidence among shoppers in Germany has dipped according to a survey, amid worries over Europe's largest economy. The forward-looking GfK consumer sentiment indicator fell to 9.3 points for December from 9.4 points in the previous month.
Survey Shows German Consumers Losing Confidence  New York Times
German consumer morale inches down less than expected before Christmas  Reuters
Swiss Court Convicts Ex-HSBC Employee for Leaking Bank Data
A Swiss court has convicted in absentia a former employee with international bank HSBC for economic espionage and sentenced him to five years in prison.
HSBC whistleblower Falciani sentenced to 5 years in prison  Reuters
HSBC whistleblower jailed for five years over biggest leak in banking history  The Guardian
Three top Chinese brokerages under investigation
Shanghai: Three of China's biggest brokerages are being probed by the market regulator for suspected “rule violations” as a crackdown on the financial sector intensified, it emerged Friday as the country's stock markets slumped.
China regulator targets illegal margin finance in wealth management products  Reuters
China's Black Friday sees it revisit August lows  CNBC
HSBC to close India private banking unit as competition grows
MUMBAI HSBC Holdings Plc is closing its private banking unit in India as part of its group strategy, the bank said, marking the exit of another foreign bank from the cut-throat wealth management business in Asia's third-largest economy.
HSBC to wind up private banking business in India  Financial Express
Why is HSBC closing its India private banking business  Business Today