Stocks See Modest Gains After Rally; Black Friday Sales Jump While Inflation, Tech Valuations Remain in Focus
• Stocks mixed Monday after 4 straight weekly wins; indexes still on track for best month in over a year on Fed rate hike optimism
• Traders watch for fresh PCE inflation data Thursday that could test the rally
• Black Friday online sales hit record $9.8B, in-store sales also jumped; updates on Cyber Monday spending eyed
• "Magnificent 7" tech giants now make up 1/3 of S&P 500 market cap, valuations drawing comparisons to 2000 dot-com bubble
• Coinbase CEO says Binance settlement with authorities will "turn the page" and bring more institutional investment to crypto