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Dow, S&P 500 End November at Record Highs
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Dow, S&P 500 End November at Record Highs
Nov 29, 2024 10:39 AM

01:20 PM EST, 11/29/2024 (MT Newswires) -- The Dow Jones Industrial Average and the S&P 500 closed at all-time highs in holiday-shortened trading Friday, concluding the month that featured Donald Trump's presidential election win.

The S&P 500 rose 0.6% to 6,032.4, the Dow Jones added 0.4% to 44,910.7 and the Nasdaq advanced 0.8% to 19,218.2.

Consumer discretionary and technology led the gainers with the real estate and utilities posting the only declines.

The farm prices report for October is due at 3 pm ET.

In company news, Nano Nuclear Energy ( NNE ) shares gained 3.1 after the company said late Wednesday it closed a $60 million private placement of common shares and warrants.

Amazon.com ( AMZN ) employees in India said they have joined a Black Friday strike demanding higher wages and improved working conditions. The Associated Press reported that about 200 warehouse workers and delivery drivers joined a rally in New Delhi called by the Amazon India Workers Union.

In a statement to MT Newswires, Amazon India said the company has not seen the strike affect operations, adding that it provides "fair and competitive" wages and ensures compliance with all applicable wage laws. Amazon ( AMZN ) shares rose 1.1%.

The US 10-year Treasury yield fell 4.5 basis points to 4.20%. The two-year rate slid 4.1 basis points to 4.17%. The bond market will close early on Friday at 2 pm ET.

The US Dollar Index eased 0.3% to 105.85.

West Texas Intermediate crude fell 0.2% to $68.60 per barrel.

Gold was up 0.7% to $2,684.60 an ounce, and silver climbed 1.8% to $31.11 per ounce.

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