Black Friday Brings Gains

Last week was a relatively quiet time in the domestic markets.  We did not receive a tremendous amount of economic data, and trading halted Thursday for the Thanksgiving holiday.  Nonetheless, all 3 major domestic indexes experienced sizable gains in only 4 trading days.  By Friday, the S&P 500 added 0.91% and closed above 2,600 for the first time in history.  The Dow was also up 0.86%, and the NASDAQ gained 1.57%.  International stocks in the MSCI EAFE had a 5-day trading week and grew by 1.85%.

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