12/03/2024
📊 November Market Recap & Insights
Thanksgiving week brought solid gains across major indexes, led by the Dow and Russell 2000. Financials, consumer staples, and industrials outperformed, while energy and communication services lagged.
Key Takeaways:
📈 Indexes Rally: Russell 2000 (+1.17%), NASDAQ (+1.13%), S&P 500 (+1.06%), Dow (+1.39%).
📉 Treasury Yields: 10-year yield fell to 4.17%, marking a second consecutive weekly decline.
🛢️ Crude Oil: Prices dropped 4.56%, settling at $68.00 per barrel.
💵 Dollar & Gold: The dollar fell 1.66%, and gold slid 2.02%.
🏠 Housing Market: New home sales dropped 17.3% in October, with median prices at $437,300.
Week Ahead:
📊 November employment report expected to show modest growth (~125K).
📈 Updates on consumer spending, income, and inflation trends.
Data provided by Broadridge Advisor Solutions. Stay informed! 💼