"The S&P 500 rose 0.2% and needs a slightly larger gain to avoid its first down month since April. The Dow Jones Industrial Average rose 138 points, and the Nasdaq gained 0.3%. Coinbase Global added 3.6% as bitcoin rose above $92,000 after dropping to around $81,000 last week. The world's most popular cryptocurrency is still well below its all-time high of around $125,000 set in early October."
"Most tech stocks posted gains, with Meta Platforms rising 1.4% and Micron Technology adding 2.8%. But Nvidia, the market's most valuable stock, fell 1% and is headed for a double-digit loss for the month. Oracle another high-flyer that struggled this month, fell 2.3%. Wall Street is operating on an abbreviated schedule Friday after being closed for the Thanksgiving holiday. Stock trading closes at 1 p.m. ET."
U.S. stock indexes opened higher on the final trading day of November, with the S&P 500 up 0.2% and needing a slightly larger gain to avoid its first down month since April. The Dow rose 138 points and the Nasdaq gained 0.3%. Coinbase jumped 3.6% as bitcoin climbed above $92,000 after a recent drop. Most tech names gained, including Meta Platforms and Micron, while Nvidia and Oracle fell. Markets operated on an abbreviated schedule and earlier saw futures halted due to a CyrusOne data center outage. Traders are betting heavily on a Federal Reserve rate cut next month amid cooling employment and rising inflation.
Read at Fortune
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