US stocks closed | All three major indices rose for the entire week! The Dow Jones hit a new closing high, Tesla rose nearly 4%; cryptos concept stocks all rose, MSTR increased by over 6%.
Funds flowed out of technology stocks and into economically sensitive cyclical stocks. The Nasdaq fluctuated between gains and losses, dragged down by over 3% drop in Nvidia and 1.7% drop in Google Class A. The Dow Jones rose by about 1%, small caps rose by 1.8%, and Chinese concept stocks fell by 1.4%. The S&P 500 and Nasdaq accumulated gains of 1.7% for the week, the Dow rose by about 2%, Tesla rose nearly 10% for the week, and Super Micro Computer soared by over 78%, its best week ever. MicroStrategy, known as a 'Bitcoin whale', rebounded by 6% on Friday. Economic weakness pushed the Euro to a two-year low, while the US Dollar rose for the third consecutive week to a two-year high. Offshore Renminbi fell by over 200 points for the week to nearly a four-month low. US oil had its best two-month gain with a 6.5% increase for the week, gold rose by over 1% to surpass $2700, marking its best week in over a year with a 5.7% increase.
J.P. Morgan Forecasts Lower Oil Prices in Trump's Upcoming Term
Trending Stocks Today | Quantum Surges 142.03%
November 22nd - US stocks trending in regular trading hours.Gainers: $Quantum(QMCO.US)$ shoots up 142.03% to $9.73 with a turnover of $211.68 million. $SKK Holdings(SKK.US)$ soars 63.63% to $1.8
A Red-Hot Oil Stock Is Joining the S&P 500 -- WSJ
These Stocks Are Moving the Most Today: Nvidia, MicroStrategy, Gap, Elastic, Intuit, Texas Pacific Land, and More -- Barrons.com
Texas Pacific Land Shares Hit All-Time High After Addition to S&P 500