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Today's market
Michael Reinking, CFA
Sr. Market Strategist
November 28, 2022 at 9:15 a.m. EDT
Welcome back and hopefully you enjoyed the holiday. In a quiet holiday shortened week major US indices ended with modest gains. The S&P 500 and Dow Jones Industrial Average ended last week higher by ~1.5%. It was a reasonably quiet weekend from a headline perspective with most of the focus on China, as social unrest has broken out in some cities in response to its Covid zero policy. This has put some pressure on global equity markets with S&P futures currently trading around 0.9% below fair-value.
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