MM093: Jerome Powell boosts stocks & what to expect from OPEC+
Market Maker
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What Happened to the S&P 500?
Markets went sharply higher off the back of what Jay Powell was saying that just kind of made lots of headlines fodder for the press. The S&P, let me get this right was up 3%. I think it was on the day, the NASDAQ was up 4.4%. These indices closed out November with a positive month, which meant two months in a row of gains for US stocks. It's actually the first time they've strung together two months back to back since last year.
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