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TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why Sheetz is slashing gas prices.

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Transcript
00:00I'm Conway Gittins reporting from New York City. Here's what we're watching on the street today.
00:03The Dow was an out-performer Thursday with investors relieved about the economy.
00:08Weekly jobless claims dropped to a seven-month low and existing home sales jumped 3.4% in October.
00:15The median sales price rose to $407,200.
00:19On the corporate front, it was a wobbly session for Nvidia, the world's most valuable company.
00:24Investors deemed the AI chip leaders' quarterly results as good, but not good enough.
00:29In other news, gas station operator Sheetz is giving drivers something else to be thankful for this Thanksgiving holiday.
00:36It is dropping the price on unleaded gas number 88 by 40 cents per gallon through the end of November.
00:43The discount is only available at the 505 locations where this specific type of gas is sold.
00:49Sheetz is making a strategic calculation that customers will be drawn to the lower price at the pump
00:55and then spend more inside its convenience stores.
00:58The national average for non-premium unleaded gas will be under three bucks for Thanksgiving, according to GasBuddy.
01:04Last year this time, the national average was $3.30, according to AAA.
01:09Gas stations all over the country are expected to be busier than last year.
01:14AAA predicts some 80 million people will hit the road for Thanksgiving.
01:17That's 1.7 million people more than last year, with the bulk of that increase coming from automobile travel.
01:24That'll do it for your daily briefing from New York City. I'm Conway Gittins with the Street.

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