Major Indexes Climb in Shortened Session
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Welcome to the swamp market update podcast, where each trading day we recap tea market results and statistics. I'm kid lansford, and here's a summary of what happened today, friday, november twenty minutes. Please note U.

S. Markets closed early today. man. The closing shop market update is abbreviated.

Both reports return monday, december. Second news in the U. S. Was on the lighter side during a shorten session that followed the thanksgiving ving holiday. But the major stock index is rose on the final trading day of november, leading to new closing highs for the S M P five hundred and the door Jones industrial average.

The dw crossed the forty five thousand level in today, but IT wasn't able to hold above the line that was still managed to record in all time. Best retailers in general were among the conversation topics as black friday, the traditional beginning of the year and holiday shoppers season, and arrived otherwise. IT was fairly quiet for U.

S. Data and earnings, meaning investors largely were watching developments from abroad. However, when the team arrives next week, investors will have ample new information to review, including the closely watched monthly unemployment report from the labor department.

Manufacturing damm consumer sentiment in factory orders are also among the reports expected beyond the three major U. S. Indexes today. Gains were also recorded in the rustle two thousand and index that tracks small caps, oil Prices and gold.

Bitcoin, after recently giving up ground as a near the one hundred thousand dollar mark, rose two and a half percent to ninety seven thousand, two hundred and seventy five dollars among the notable declines for the day, and treasury yields retreated while the dollar index eased to one hundred and five point seven nine. Here's with the major benchMarks ended. The S M P five hundred index gained a thirty three point six four points, or zero point six percent, to six thousand and thirty two point three eight.

The out jos industrial average rose one hundred and eighty eight point five nine points, or zero point four percent to forty four thousand nine ten point six five, and the last composition advanced one hundred and fifty seven point six nine points, or zero point eight percent nineteen thousand two eighteen point one seven. The ten year treasury note yield fell five basis points to four point one nine percent, and the civil volatility and the actual vicks gave back zero point five nine points to thirteen point five one. As well as stocks on the move.

Applied theraputics slid seventy six point three percent after news that the food and drug administration is not prepared to approve a new drug application from the bio pharmaceutical company that has meant to treat a central nervous system disease. Super micro computer, which is traded in a range of roughly seventeen to thirty nine dollars in november, and earlier this month was informed by next that IT was not in compliance with an exchange listing rule, dropped six point nine percent. Walmart tacked on zero point seven percent in black friday trading as the retail giant prepared for the shopping season.

Amazon, that com, the online merchant, added one point one percent, and dell, a wednesday decliner on disappointing guide, stabilized to add two point six. With the day a bit lighter on news from the U. S. Data from european asia had a leading role.

Traders received a report from the euro zone stating that the annual inflation rate for the region climb ed to two point three percent this month, in line with november projections that was up from two percent in october and was the second straw monthly gain. The annual core inflation rate, which excludes items such as food and energy Prices, remained at two point seven percent, the level where was for the previous two months. Data from japan showed that its annual inflation rate in november was two point three percent, topping estimates.

Excluding fresh food Prices, the annual inflation figure was also at two point three percent and was a bit higher than projected back in the us says of late today. Traders see a sixty six point three percent chance rates will fall twenty five basis points at the conclusion of the federal open market committee meeting december seventeen, s and agent, and at thirty three point seven percent chance of no move based on the C M, I fed watch tool. This has been the swap market update podcast.

To stay informed, visit swap dot com sash market update or follow the show for free in your favorite podcasting out. And if you like what you've heard, please consider leaving us a reading or a review. IT really helps new listeners find the show. Join us for another update monday. For important disclosures, see the show notes and swab dot com slash market update podcast.