Market Week: November 28, 2022
The Markets (as of market close November 25, 2022)
Wall Street ended the Thanksgiving week ahead of where it began, as each of the benchmark indexes listed here posted solid gains during a week of light trading. The Global Dow led the indexes, followed by the Dow, the S&P 500, the Russell 2000, and the Nasdaq. Stocks have been rallying since October and the holiday season tends to be strong for equities heading into the final month of the year. Crude oil prices fell for the third straight week, firmly settling below $80.00 per barrel. A cap on Russian oil prices, coupled with China’s surging COVID cases, has kept oil prices muted.