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Dow rallies 500 points to cap off best month since October 2022

Clyde Edgerton by Clyde Edgerton
November 30, 2023
in Markets
Dow rallies 500 points to cap off best month since October 2022
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U.S. stocks stocks finished mostly higher on Thursday as the Dow capped off its biggest monthly gain since October 2022, Dow Jones Market Data show. Among the major three indexes, only the Nasdaq Composite finished lower on Thursday. But both the S&P 500 and the Nasdaq still managed to log their best monthly percentage-point gain since July 2022. On Thursday, the Dow
DJIA,
+1.47%
gained 519.91 points, according to preliminary closing data from FactSet, rising 1.5% to finish at 35,950.33, its biggest daily point gain since Nov. 2. The S&P 500
SPX,
+0.38%
gained 17.12 points, or 0.4%, to close at 4,567.69. The Nasdaq
COMP,
-0.23%
shed 32.27 points, or 0.2%, to finish November at 14,226.22. U.S. stocks enjoyed a broad rally this month, with 10 of the 11 S&P 500 sectors finishing higher. Only energy stocks finished November with a loss, dragged down by lower crude-oil prices.



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