Monthly Economic Update
November offered a different feel for U.S. equity markets, with a seemingly calmer environment and friendly Federal Reserve comments toward the end of the month. Market bulls are somewhat jubilant about the prospects of a smaller rate hike at the December 14th Fed meeting.
For the month of November, the S&P 500 added 5.38%1, the Nasdaq 100 tacked on 5.48%2, and the Dow Jones Industrial Average increased by 5.66%3.