US Stocks Gain in Final Session of November
US stocks traded higher on the final session of November, with the S&P 500 and Dow Jones each up 0.2% and the Nasdaq rising 0.4%.
Communication services led gains, while healthcare lagged. The post-Thanksgiving session is shorter, with trading volumes typically running well below average.
Large-cap tech saw mixed performance: Microsoft (0.7%), Amazon (0.9%), Alphabet (1.6%), Meta (0.7%), Broadcom (1.3%), and Tesla (1.3%) posted gains, while Nvidia fell 0.8% and Apple was little changed. Earlier in the day, a technical outage at the Chicago Mercantile Exchange disrupted US futures trading, stemming from cooling system issues at a Chicago-area data center.
For the month, the S&P 500 is down 0.4% so far, on track for its first monthly decline since April. The Dow Jones has slipped 0.3%, while the Nasdaq has lost more than 2%, breaking a seven-month winning streak amid early-month concerns over stretched AI valuations.
Source: Tradingeconomics.com