The Dow and S&P 500 closed at their highest levels of the year, marking a strong finish to November. The Dow outperformed other US stock indexes, boosted by Salesforce's higher-than-expected profit forecast. The S&P 500 also set a new 2023 closing high, with growing optimism that the Federal Reserve was done raising interest rates. Both indexes registered their fifth straight week of gains, with the S&P 500's 11.59% gain over the last 5 weeks being the strongest since December 2020. The rally was fueled by hopes that the Federal Reserve is done raising interest rates and evidence of easing inflation.
S&P 500 closed at its highest level of the year on Friday as evidence of easing inflation boosted bets that the Fed was at the end of its monetary tightening campaign https://t.co/a2kwjhGSn7 https://t.co/9S9naBZKPX
Wall Street’s main indexes notched their fifth straight week of gains on Friday, with the S&P 500 registering its highest close of the year https://t.co/a2kwjhGSn7 https://t.co/xnFnb59fNV
S&P 500 closed at its highest level of the year on Friday as comments from Federal Reserve Chair Jerome Powell bolstered the view that key policy rates have peaked https://t.co/a2kwjhGkxz https://t.co/PeARAPt3AW
WATCH: S&P 500 closed at its highest level of the year on Friday as comments from Federal Reserve Chair Jerome Powell bolstered the view that key policy rates have peaked https://t.co/Go2oa2pLmi https://t.co/jxDCmQ7haE
The S&P 500 set a high for the year on Friday, a day after clocking its best month of 2023, in a rally that quickly erased the benchmark index’s steep drop over the summer. https://t.co/5pN7iRAXaz
The benchmark S&P 500 index closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising US interest rates https://t.co/a2kwjhGkxz https://t.co/2Cy9n6LKIj
WATCH: The benchmark S&P 500 index closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising US interest rates https://t.co/Go2oa2pdwK https://t.co/MrGvCBkz0p
Resurgent S&P 500 crests new 2023 closing high after roller-coaster year https://t.co/V7rwJRqejE https://t.co/ts6dhbTTJo
⚠️WALL ST. WEEKLY PERFORMANCE: ✅DOW ENDS UP +2.4%, 5TH WEEKLY GAIN IN A ROW ✅S&P 500 ENDS UP +0.8%, 5TH STRAIGHT WEEKLY GAIN ✅NASDAQ ENDS UP +0.4%, 5TH WEEKLY GAIN IN A ROW ✅RUSSELL 2000 ENDS UP +3%, 3RD STRAIGHT WEEKLY GAIN $DIA $SPY $QQQ $IWM 🇺🇸🇺🇸 https://t.co/6jgZSwjjkY
S&P 500 Sets 2023 High—Reversing Summer Slump https://t.co/PRfrXB8pL2 https://t.co/2AcjgzOQq7
Hopes that the Federal Reserve is done raising interest rates turbocharged a broad-based rally, driving prices of everything from stocks to Treasurys and gold sharply higher https://t.co/BSv4eNh1O9 https://t.co/BSv4eNh1O9
The S&P 500's 11.59% gain over the last 5 weeks is the strongest 5 week gain since - wait for it - week ending 12/4/2020's 5 week gain of 13.12%. Two years ago and here we are again.
🔴 S&P 500 & NASDAQ BOTH REGISTER FIFTH STRAIGHT WEEK OF GAINS, THE LONGEST WEEKLY WINNING STREAK SINCE JUNE.
The S&P 500 $SPY just closed above its previous 2023 high closing price
As things stand, the S&P 500 ETF $SPY is set to make a new 2023 closing high (above the 7/31 close) on this first trading day of December. https://t.co/oNZTMWbUSk
Dow Jones dazzles in November, hitting 2023 highs! A cool in inflation and strong Salesforce earnings fuel a 314-point surge. Tech shines, with Nvidia & Tesla up 15-20%. Optimism is back in the market as we see a shift in economic sentiment. Check it out. https://t.co/6upPcE7ZIm
The Dow closed out November at a new total return high (including dividends), increasing 181% over the last decade (+10.9% annualized). $DJIA https://t.co/o016ieV37C
The Dow became the clear outperformer of US stock indexes on Thursday with a solid boost from Salesforce, which jumped 9.4% following the company's higher-than-expected profit forecast https://t.co/ZEW2qGdYvI https://t.co/1sBtV0TOYL
WATCH: The Dow closed at its highest level this year as investors crossed the finish line of a banner month for US stocks https://t.co/gsOD3r04qq https://t.co/TcqdMFYQVS
The Dow closed at its highest level this year as investors crossed the finish line of a banner month for US stocks https://t.co/ZEW2qGewlg https://t.co/mRcrZ581YS