Monday could mark the start of a strong seasonal stretch for the stock market with Thanksgiving Day around the corner.
| TUE, NOV 24, 2020 | | | DOW | NAME | LAST | CHG | %CHG | AAPL | 115.17 | +1.32 | +1.16% | INTC | 47.01 | +0.95 | +2.06% | MSFT | 213.86 | +3.75 | +1.78% | |
| S&P 500 | NAME | LAST | CHG | %CHG | GE | 10.45 | +0.38 | +3.77% | AAL | 14.82 | +1.26 | +9.29% | AAPL | 115.17 | +1.32 | +1.16% | | | NASDAQ | NAME | LAST | CHG | %CHG | AAPL | 115.17 | +1.32 | +1.16% | TSLA | 555.38 | +33.53 | +6.43% | AMD | 85.07 | -0.24 | -0.28% | | | | If there's one word to encapsulate Tuesday's market action, it would be "historic." There were several milestones during the session, most notably the Dow Jones Industrial Average topping the 30,000 mark for the first time. Tuesday's gains also put the benchmark up more than 13% for November, on pace for its biggest monthly gain since January 1987. "This is yet another reminder of how far stocks and the economy have come since the depths of March," said Ryan Detrick, chief market strategist at LPL Financial, about the Dow's milestone. "Although 30,000 isn't much different than 29,999, there is something special about those big milestone numbers." The Dow wasn't the only major market average making history. The small-cap Russell 2000 index rallied 1.9% and hit a fresh all-time high. That gain put the Russell on pace for its best month ever, up more than 20% in November. Meanwhile, Tesla reached a record valuation as its market cap topped $500 billion for the first time. Bitcoin is also approaching its all-time high, breaking above $19,000 and nearing its record around $20,000. Catch The News with Shepard Smith at 7 p.m. ET on CNBC. The nightly newscast provides deep, non-partisan coverage and perspective on the day's most important stories. |
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