Thursday, December 1, 2016

A Strong November

November turned out to be a very solid month all across the markets. For the month, the Dow gained 5.4 percent, which was its best monthly performance since March. The S&P 500 Index rose 3.4 percent and the Nasdaq rose 2.6 percent, representing the best month for both those indexes since July.

Both the Dow and the S&P 500 also hit new intraday records in yesterday's trading session. But they both fell back from those levels before the day was over.

The biggest winner for the month was the Russell 2000. The small-cap index rose by a whopping 11 percent in November, marking its best month since October 2011.

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