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WSJ What’s News

U.S. Stocks End November With Strong Gains

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 30 November 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

P.M. Edition for Nov. 30. The Dow rallied today, and all three major indexes ended November with strong monthly gains. And OPEC+ agrees to cut oil production by another one million barrels a day. Plus, the U.S. warns Turkey to stop supporting Hamas and Russia. Illicit finance reporter Ian Talley has more. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Cracken.

0:03.0

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0:06.0

He doesn't care where you come from,

0:08.0

what you look like, your credit score,

0:10.0

or your outrageous food delivery habits.

0:13.0

crypto is finance for everyone, everywhere, all the time.

0:17.0

Visit Krakon.com slash see what crypto can be.

0:21.0

To learn more, don't invest in as you're prepared to lose all the money

0:24.9

you invest. This is a high-risk investment and you should stock indexes to monthly gains and U.S. consumer spending

0:40.8

slowed in October. Plus, the U.S. warns Turkey to stop

0:44.9

supporting Hamas. They have real estate businesses, portfolio management

0:49.9

businesses, cement, gold, you name it.

0:53.8

They have a number of different businesses,

0:55.9

private and public, that they operate from Istanbul.

0:59.7

It's Thursday, November 30th.

1:01.5

I'm Anne Ray Fertoli for the Wall Street Journal. This is the PM edition of

1:05.1

What's News, the top headlines, and business stories that moved the world today. November's trading finished with stocks and a range of other asset classes logging strong monthly gains.

1:20.3

The Dow ended the day with its highest close of 2023, while the NASDAQ managed its best month since July 2022.

1:27.0

Bonds rose too. The 10-year U.S. Treasury note had its best month since 2019, as a sharp unwinding of rate hike expectations

1:34.7

sent investors on a bond-buying spree. Americans slowed their spending in

1:39.8

October as inflation continued to cool. It's another sign of an economic downshifting after a summer surge.

1:46.0

The Commerce Department said consumer spending rose 0.2% last month, down sharply from a 0.7% rise in September. It was the slowest increase since

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