Stock summary: S&P 500 saw a rise of 1.62% this week

The S&P 500 index ended the week with a solid gain of 1.62%, closing at 5,969.34 on November 22.

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The S&P 500 index ended the week with a solid gain of 1.62%, closing at 5,969.34 on November 22. The benchmark index reflected a strong upward momentum, supported by broad-based buying across sectors as investor optimism grew.

The trading session saw the S&P 500 open at 5,944.36 and reach an intraday high of 5,972.90, with a low of 5,944.36, showcasing a relatively narrow but positive range of movement.

The index’s performance underscores resilience in the U.S. stock market, with key contributions from technology and consumer discretionary sectors. The S&P 500’s continued growth reflects investor confidence in the economy’s ability to weather inflationary pressures while maintaining a steady recovery trajectory.

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Disclaimer: This article is for information purposes and does not constitute any financial advice.