Market Week: November 20, 2023
The Markets (as of market close November 17, 2023)
The market enjoyed a favorable week as each of the benchmark indexes listed here gained ground. Inflation data showed consumer prices moderated in October, while the Federal government avoided a shutdown. Over the last three weeks, the S&P 500, the Nasdaq, and the Dow had their best runs since June 2020, April 2020, and November 2022, respectively. Crude oil prices lost ground for the fourth straight week despite a rally last Friday. The dollar fell to a two-month low. Gold prices ended the week with solid gains.