The iShares China Large-Cap ETF (NYSE: FXI) traded lower by another 1.7% on Friday as headlines about COVID-19 lockdowns in Beijing overshadowed China's loosening of bank
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher in a holiday-shortened week on Wall Street as investors cheered a more dovish tone from the Federal Reserve.
Early reports on Friday suggest the shopping holiday was off to a slower-than-normal start, but retail investors are hopeful that sales will pick up over the weekend ahead of Cyber Monday next week.
The Biden administration has once again extended the payment pause on federal student loans, and one analyst said Friday the extension is bad news for SoFi Technologies Inc (NASDAQ:
Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On Nov. 23, 1954, the Dow Jones Industrial Average finally made its first new all-time high following the Great Depression.
Where The Market Was: The Dow closed at 382.74, and the S&P 500 index wasn’t around yet.
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.