Wall Street rally builds momentum, Dow rallies 400 points

1 year ago
22

On Tuesday, stocks extended their robust November gains as Wall Street welcomed encouraging U.S. inflation data.

The Dow Jones Industrial Average surged by 451 points, marking a 1.3% increase, while the S&P 500 rallied by 1.7%, briefly surpassing the significant 4,500 level. The Nasdaq Composite also experienced a 2% uptick.

These gains contributed to the impressive performance of stocks this month. The S&P 500 and Dow have seen increases of 7.3% and 5.4%, respectively, in November.

Meanwhile, the Nasdaq has soared by 9.4%, poised for its most substantial one-month gain since January, CNBC reported.

READ MORE: https://www.cnbc.com/2023/11/13/stock-market-today-live-updates.html

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