AllMarket Summary
logoArgusNovember 30, 2020

Market Digest: ADS, DE, HP, NEM, SJM

Sector(s)
Financial Services, Energy, Basic Materials, Industrials, Consumer Defensive
Summary

The stock market rallied last week, closing a holiday-shortened Friday at new closing records for Nasdaq and the S&P 500. With just a single trading day left in November, the market is on track for its best month since April. On Friday, the Dow Jones Industrial Average rose 38 points, or 0.13%. The S&P 500 edged up 9 points, or 0.24%, and the Nasdaq Composite was up 111 points or 0.92%. Last week, the Dow was up 1.45%, returning to growth after the month's only down week. The S&P 500 was up 1.6%. The Nasdaq was up 301 points or 0.92%. For the year-to-date, the DJIA remains in positive territory with a gain of 4.8%. The S&P is up 12.6%, and the Nasdaq is up 36.0%. Over the past 52 weeks, the Dow is up 6.2%, the S&P 500 is up 15.4%, and the Nasdaq is up 40.2%.

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