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Dow closes at record high as S&P 500 scores weekly gain ahead of Thanksgiving

Admin by Admin
November 23, 2024
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U.S. shares completed Friday larger, with all three main benchmarks rebounding this week forward of the Thanksgiving vacation.

The Dow Jones Industrial Common rose 426.16 factors Friday, or a pointy 1%, to shut at a contemporary report excessive of 44,296.51.

The S&P 500 rose 20.63 factors, or 0.3%, to finish at 5,969.34.

The Nasdaq Composite climbed 31.23 factors, or 0.2%, to complete at 19,003.65.

For the week, the Dow climbed 2% whereas the S&P 500 and Nasdaq every superior 1.7%, in line with Dow Jones Market Information. All three indexes bounced from their declines final week.

The U.S. inventory market will subsequent week break on Thursday for the Thanksgiving vacation. Merchants will get a contemporary studying on U.S. inflation subsequent week from the personal-consumption-expenditures worth index, with the PCE report due on Wednesday, Nov. 27.



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