Business News

How Major US Stock Indexes Fared Nov. 29




Stocks closed with solid gains as Wall Street put the finishing touches on one of its best months of the year.
The S&P rose 0.6 percent while the Dow Jones Industrial Average gained 188 points, or 0.4 percent. The Nasdaq added 0.8 percent.
Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour later.
Investors were looking to see how much shoppers are willing to spend on gifts for the holidays. Black Friday unofficially kicked ff the holiday shopping season, although retailer had been offering early deals for weeks. Macy’s and Best Buy each gained around 2 percent….



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