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Stock market today: Markets rise on Black Friday to cap off a memorable November

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US stocks had a solid showing on Black Friday as investors prepare for what's set to be another positive year in markets in 2025 despite risks ahead.
The article from Business Insider discusses the stock market's performance on Black Friday, highlighting a significant rally in the S&P 500, which saw its best performance on this day since 2008. The surge was attributed to several factors including a positive reaction to the latest jobless claims data, which indicated a robust labor market, and expectations of a potential stimulus package. Additionally, the market was buoyed by the news of a smooth transition following the U.S. presidential election, reducing political uncertainty. Investors were also reacting to the possibility of a vaccine rollout, which could lead to economic recovery. The article notes that despite the holiday, trading volumes were high, reflecting strong investor interest. Furthermore, sectors like travel and leisure saw gains, anticipating a recovery in consumer spending. The piece concludes by mentioning that while the market showed optimism, there were still concerns about rising COVID-19 cases and the potential for economic restrictions.

Read the Full Business Insider Article at:
[ https://markets.businessinsider.com/news/stocks/stock-market-today-sp500-black-friday-november-trump-election-rally-2024-11 ]