S&P 500 Soars in November on Strong Earnings and Cooling Inflation
• S&P 500 on pace for one of its best months in a decade, up 9% in November • Strong quarterly earnings growth and signs of easing financial conditions driving optimism • More than 80% of S&P 500 companies beat Q3 earnings expectations • Core inflation and labor market growth slowing, signaling potential end to Fed rate hikes • Bond yields falling in November, with 10-year Treasury down to below 4.4% two-month low