The Glasshouse Report

Friday, November 24, 2017

S&P 500 closes above 2,600 for first time as Street bets on strong holiday shopping season


By CNCB, Nov. 24, 2017

U.S. equities rose on Friday as investors placed bets on a strong holiday shopping season.

The S&P 500 hit record highs, rising 0.2 percent to 2,602.42 with information technology as the best-performing sector. Macy's was among the best-performing stocks in the index. The S&P 500 also closed above 2,600 for the first time.

The Nasdaq composite climbed 0.3 percent to 6,889.16, posting intraday and closing records as shares of Amazon gained 2.6 percent to a record.
Read More: https://www.cnbc.com/

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