FX.co ★ US Stocks Gain in Final Session of November

U.S. stocks closed the final trading day of November with modest gains, as the S&P 500 and Dow Jones both increased by 0.2%, while the Nasdaq rose by 0.4%. Leading the market's upward movement was the communication services sector, whereas healthcare lagged behind. This shorter post-Thanksgiving session typically experiences lower-than-average trading volumes. Among large-cap technology stocks, performance varied: Microsoft gained 0.7%, Amazon rose 0.9%, Alphabet surged 1.6%, Meta advanced 0.7%, Broadcom increased 1.3%, and Tesla also climbed 1.3%. Conversely, Nvidia experienced a decline of 0.8%, and Apple's stock remained relatively unchanged. Earlier in the day, a technical issue at the Chicago Mercantile Exchange temporarily halted U.S. futures trading, attributed to cooling system malfunctions at a data center in the Chicago area. For the month, the S&P 500 is down by 0.4%, set for its first monthly decrease since April. Meanwhile, the Dow Jones has decreased by 0.3%, and the Nasdaq has dropped over 2%, breaking a seven-month winning streak due to initial concerns over inflated AI valuations.