S&P 500 Logs Best November Performance Since 2020 on Heels of Strong Post-Correction Rally
-
This stock market rally is the best November performance since 2020 when Pfizer announced the Covid vaccine.
-
November is typically a good month for stocks, but this 7.6% S&P 500 gain is exceptionally strong.
-
The week ahead should be quiet overall except in artificial intelligence as ChatGPT maker OpenAI is in the news before Nvidia earnings.
-
After 63 post-correction advances, this rally stands out for its strength coming off the lows in October.
-
With gains of over 7%, the S&P 500 has rebounded convincingly from its fall into correction territory earlier this fall.