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Today's market
Michael Reinking, CFA
Sr. Market Strategist
November 30, 2022 at 12:30 p.m. EDT
Before we get to the business stuff today is a festive day here at the NYSE as we host our 99th Annual Tree Lighting. If you are in NYC come on downtown to celebrate with us or you can check out the Live Stream. It is a jam-packed day as we look to close out the first back-to-back monthly gains for US equities this year with the S&P 500 up just over 2% for the month coming into today. Not only is it month-end it is also the Semi-Annual MSCI rebalance so expect volumes to be heavier today. There has been quite a bit of economic data to sift through since yesterday’s close and traders are anxiously awaiting Chair Powell’s speech with the Brookings Institute at 1:30.
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