Dow rises Friday as Wall Street heads for fourth straight winning week: Live updates
Publishing timestamp: 2023-11-24 12:48:13
Summary
The Dow Jones Industrial Average rose on Friday, aiming for a four-week winning streak. Major retail shares were mixed as Black Friday kicked off the holiday shopping season. Treasury yields hit multimonth lows, indicating hope that inflation is cooling and the Federal Reserve may be done raising rates. The U.S. stock market closed early due to the Thanksgiving holiday. Nvidia shares fell after the company announced a delay in a new artificial intelligence chip. Renewable energy stocks declined as interest rates increased project financing costs. The S&P 500 is near key resistance levels and may reach new highs. Consumer spending on Thanksgiving and Black Friday hit record levels. The oil market was volatile due to OPEC's delay in implementing production cuts. Bitcoin and ether saw gains, while major U.S. market indexes were on track for their fourth straight positive week.
Sentiment: MIXED
Tickers: TRV, @DJ.1, V, @CL.1, SEDG, XRT, FSLR, RL, ULTA, ETH.CM=, CAT, @SP.1, PGR, @LCO.1, MSFT, SOL.CM=, @ND.1, CMG, .DJI, IRBT, NVDA, AMZN, VZ, AAPL, DECK, BA, .SPX, WMT, ANF, AFL, WBA, .IXIC, FSR, IR, DOW, BTC.CM=,
Keywords: business news, nasdaq composite, prices, breaking news: markets, stock markets, dow jones fut (mar'23), s&p 500 fut (mar'23), dow inc, economic events, s&p 500 index, markets, nasdaq 100 fut (mar'23), amazon.com inc, united states, dow jones industrial average, walmart inc,
Source: https://www.cnbc.com/2023/11/24/stock-market-today-live-updates.html