Stocks closed with strong gains as Wall Street put the completing touches on one of its finest months of the year
ByThe Associated Press
November 28, 2024, 11: 39 PM
NEW YORK — Stocks published strong gains as Wall Street put the completing touches on one of its finest months of the year.
The S&P 500 increased 0.6% while the Dow Jones Industrial Average acquired 0.4%. Both indexes closed out November with their finest month-to-month efficiencies of the year. The Nasdaq included 0.8%. Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour lateron.
Investors were looking to see how much buyers are ready to invest on presents for the vacations. Black Friday unofficially kicked off the vacation shopping season, although sellers hadactually been offering early offers for weeks. Macy’s and Best Buy each gotten around 2%.
Apple increased 1.1%. The innovation giant is hoping justrecently included synthetic intelligence functions are enough to attract customers to reward themselves or their lovedones to a brand-new iPhone for the vacations.
The Dow increased 7.5% in November, quickly its finest month of2024 The Walt Disney Co. has the greatest portion gain for the month at 22.1%, however the p