New York Stock Market Closes Strong... Dow and S&P 500 Hit Record Highs

On the last trading day of November, the 29th (local time), the New York stock market closed strong.

On this day, the New York stock market ended trading early at 1 p.m. (Eastern Time) due to Black Friday, with the Dow Jones Industrial Average rising 0.42% (188.59 points) from the previous session to close at 44,910.65.

Additionally, the Standard & Poor's (S&P) 500 index rose 0.56% (33.64 points) to 6,032.38, and the Nasdaq index increased 0.83% (157.69 points) to 19,218.17. Both the Dow and S&P 500 indices closed at record highs.

Overall, semiconductor-related stocks led the strong market. NVIDIA rose 2.15% on the day, and Lam Research increased by 3.23%. The decline in Treasury yields also contributed to the market strength. The 10-year U.S. Treasury yield fell by 7 basis points (1bp = 0.01 percentage points) to 4.18% near the market close.