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NEW YORK;
NEW YORK (AP) — Stocks posted strong ;S&P 500 rose 0.6% while the Dow Jones Modern Normal acquired 0.4%. The two records finished off November with their best month to month exhibitions of the year. The Nasdaq added 0.8%. Friday was a contracted exchanging day, with stocks shutting down at 1 p.m. ET and the security market an hour after the fact.
NEW YORK Financial ;
Backers were hoping to perceive how much customers will spend on gifts for these special seasons. The biggest shopping day of the year informally started off the Christmas shopping season, in spite of the fact that retailers had been offering early arrangements for quite a long time. Macy’s and Best Purchase each acquired around 2%. Apple rose 1.1%. The technology giant is hoping recently added artificial intelligence features are enough to entice consumers to treat themselves or their relatives to a new iPhone for the holidays.
NEW YORK ;Dow rose 7.5% in November, easily its best month of 2024. The Walt Disney Co. has the biggest percentage gain for the month at 22.1%, but the price-weighted index also got a boost from Goldman Sachs, up 17.5% to $608.57 and Salesforce, up more than 13% to $329.99.
NEW YORK RELATED STORIES;
NEW YORK Stocks and bitcoin jump after Trump’s victory.Tesla shares rose 3.7% Friday and posted a month to month increment of over 38%. The electric vehicle creator is supposed to profit from Chief Elon Musk’s help of Trump.
So do worries about inflation as Dow surges 1,500
Stock market today: Dow hits another record as stocks rise
Stock market today: Wall Street drifts lower as the Trump trade cools
NEW YORK (AP);
NEW YORK Stocks S&P 500 gained 5.7% this month, driven by Tesla and other stocks that received a boost from Donald Trump’s win in the presidential election. Discover Financial Services leads a list of financials stocks that had a good November, up nearly 23% for the month despite a small loss Friday. Investors believe the credit card company’s merger with Capital One has a greater chance of going through under a Trump administration and overall the financial services industry faces less restrictive oversight.Tesla shares rose 3.7% Friday and posted a month to month increment of over 38%. The electric vehicle producer is supposed to profit from Chief Elon Musk’s help of Trump. Musk also gave a boost to Hasbro shares after he triggered takeover speculation when he asked in a post on X how much the toy and game company was worth. Hasbro, which claims the pretending game Prison and Winged serpents, rose 2%.
Security yields fell, with the yield on the 10-year Depository slipping to 4.19%.
NEW YORK Bitcoin, which as of late made a run at $100,000 prior to dropping back, momentarily transcended $98,000 however was as of late exchanging around $97,300.
Global markets mostly fell;
NEW YORK Tokyo’s Nikkei 225 index fell 0.4% after the government reported that inflation in Tokyo, considered an indicator for national trends, was 2.6% in November, up from 1.8% last month mainly due to a surge in fresh food prices.
NEW YORK Chinese markets advanced. Hong Kong’s Hang Seng index gained 0.3%. Meanwhile, the Shanghai Composite index rose 0.9%. Gains in retailers’ stocks drove market gains after a two-day meeting in Beijing focused on promoting consumption ended on Thursday.
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NEW YORK Zimo Zhong in Hong Kong contributed to this report.