The Dow Jones index was closed with U.S. stock markets for thanksgiving in Thursday and futures have been trading flat ahead of the market's re-opening. The Dow is sitting below the 30,000 level and is also looking for a weekly close above the February pre-crisis highs. This week will likely determine whether stocks go higher or see a correction from here.

The Dow Jones index hit another milestone yesterday with a close above the 30,000 level for the first time ever. The Dow industrial index was 454 points higher (1.5%) and closed at 30,046.