BusinessBusiness & EconomyBusiness Line

Is a Santa Claus rally forward? 4 big issues on our radar in the market subsequent week

Macy’s Santa Claus appears to be like on the trading floor to appreciate an very wonderful time the 97th Macy’s Thanksgiving Day Parade on the Contemporary York Stock Alternate (NYSE) in Contemporary York City, U.S., November 22, 2023.

Brendan Mcdermid | Reuters

The important stock indices rallied better for their seventh straight week, lifted largely by particular feedback on Wednesday by Federal Reserve Chairman Jerome Powell. The Dow Jones Industrial Average won 2.8% for the week, while the S&P 500 rose 2.5% and the Nasdaq Composite jumped 2.9%.

Content Protection by DMCA.com

Back to top button