November 29th 2020
U.S. equities finished the week by breaking another set of records. The Dow Jones Industrial Average rose 2.2% for the week to 29,910.37. Earlier in the week, the Dow jumped to an all-time high, breaking above 30,000 for the first time. The S&P 500 climbed 2.3% for week to a record of 3,638.35. The Nasdaq posted a weekly gain of nearly 3% to 12,205.85 and also closed at an all-time high. Nearly all key S&P sectors ended in positive territory. Energy was the best weekly performer, while real estate was the only decliner. The CBOE Volatility Index (VIX), Wall Street’s preferred fear gauge, traded near 20.8.