Negative month on Wall Street ended on a high note

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Negative month on Wall Street ended on a high note
Photo: Seth Wenig/APTT

After a shortened trading day due to the Thanksgiving holiday, the leading indexes on the New York Stock Exchange closed in the red.

The broad S&P 500 index rose 0.5 percent, the Dow Jones industrial average increased 0.6 percent and the tech-heavy Nasdaq composite index rose 0.7 percent on the last day of the trading week.

Many of the big tech companies were among the winners, including Facebook owner Meta and chip giant Micron, up 2.3 and 2.7 percent respectively. Shares in crypto exchange Coinbase Global rose 3.0 percent after bitcoin's price rose to just over $92,000 - a price that compares with the record price of $125,000 in early October.

Friday's trading ended a shaky month on Wall Street. For the whole of November, the S&P 500 fell 0.6 percent, while the Nasdaq fell 1.9 percent and the Dow Jones was unchanged.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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