Black Friday Boosts Markets: S&P 500 and Dow Hit Record Highs

On Friday, November 29, 2024, U.S. markets closed higher in a shortened post-Thanksgiving session, with the S&P 500 and Dow Jones reaching record highs. Strong Black Friday sales boosted retailers, contributing to the rally. Overseas, inflation data from the Eurozone and Japan added to market optimism. Looking ahead, investors are gearing up for key U.S. economic reports next week, including unemployment data and the Federal Reserve’s much-anticipated interest rate decision. Meanwhile, individual stocks saw varied movements due to FDA decisions and company-specific news. Tune in for a breakdown of the day’s key market movers and what to watch next week.

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