The markets opened higher with the Dow gaining 51 points to 17,879 on Black Friday. Nasdaq climbed 15 points to 4,802.
On the upside
Falling crude oil prices lifted shares of American Airlines (NYSE: AAL), Delta Air Lines (NYSE: DAL) and JetBlue Airways (NYSE: JBLU).
Carnival (NYSE: CCL) and Royal Caribbean Cruises (NYSE: RCL) climbed as crude oil price dropped.
TheStreet reported that Thanksgiving Day shoppers crowded J.C. Penney (NYSE: JCP) stores and should see a strong fourth quarter.
On the downside
Oil services firms Halliburton (NYSE: HAL), Schlumberger (NYSE: SLB) and Transocean (NYSE: RIG) all dropped as crude oil prices fell.
Credit Suisse lowered its price target on SeaDrill (NYSE: SDRL) from $30 to $20.
Shares of oil companies BP (NYSE: BP), Exxon Mobil (NYSE: XOM) Petrobras (NYSE: PBR) fell as crude oil price dropped.
In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 2072. Bitcoin eased $1 to $364.
Higher open on Black Friday
November 28, 2014 at 09:42 AM EST