Stocks Jump on Hope

All major indexes rose today on the hope of a budget agreement being reached. The S&P500 had its largest single day increase in the past two months. Markets traditionally rise going into the Thanksgiving holiday, a seasonal effect known as pre-holiday rally.

  • DJIA closed at 12,796.00, up 1.65%
  • S&P 500 closed at 1,386.89, up 1.99%
  • NASDAQ closed at 2,916.07, up 2.21%

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