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The markets closed out a negative and volatile month with a very positive Thanksgiving week. The S&P 500 led the way up over 12% for the week, followed by the NASDAQ up almost 11% and the Dow up almost 10% during the same period.
**The Dow and S&P have had the best five-day gain since 1933 with the Dow up over 17% and the S&P up over 19% in the last five trading sessions.
Top constituent performers:
-JPMorgan [JPM
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] rebounded this week, and had the most positive impact on the Dow & the S&P 500, up over 39%, erasing last week's losses.
-Johnson & Johnson [JNJ
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] had the least positive impact on the Dow, up only 0.39% for the week.
*All 30 Dow components were positive for the week
*21 out of 30 Dow components were negative for the month of November, led by Citi down almost 40% even though it was up almost 120% for the week
-Campbell Soup [CPB
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] had the most negative impact on the S&P 500, down almost 12% for the week.
-Google [GOOG
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] had the most positive impact on the NASDAQ 100, up almost 12% for the week
-Oracle [ORCL
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] had the most negative impact on the NASDAQ 100, down almost 2% for the week.
All the S&P 500 sectors were positive for the week led by Financials up over 31%. Utilities brought up the rear, up only about 5% for the week.
*For the month of November, the majority of sectors were negative, led by Financials down almost 19% for the month
Financials were helped by Citigroup [C Loading... ()
Utilities were dragged down by Entergy [ETR Loading... ()
Crude Oil for January delivery settled at $54.43 per barrel as traders closely watch the OPEC meeting on Saturday in Cairo. Oil closes up over 9% for the week, but is still down over 20% in the month of November. Year-to-date Oil is down over 43%.
The AAA current national average for regular gas is $1.835 per gallon down 40.73% from a year ago when the average was $3.096 per gallon.
The dollar index was poised for its fifth monthly gain, up about 1% in November; however, it was down nearly 2% this week.
- Will the Fed raise rates? Will the dollar continue its slide? CNBC experts weigh in on the year ahead.
- Goldman Sachs has forbidden employees from gathering in private holiday parties of 12 or more.
- Do you have what it takes to run your own business? Ask yourself these questions.
- Heavily armed pirates in Somalia have set up a sort of stock exhange to fund their hijackings.
- Since its launch in 1998, Google has become a primary force on the Internet. How much do you know about the company?
- A famed author has written all his work on an old typewriter that is now up for auction. The NYT reports.









