U.S. Stocks Rise in Week Despite Need to for Earnings Growth
- ‘This has been a violent shift up, animal spirits are dancing’
- Energy shares fall as Saudi Arabia quits Russia oil talks
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U.S. stocks rose Friday on light post-Thanksgiving trading as the four major equity indexes reached all-time highs.
S&P 500 Index added 0.39 percent to 2,213.35 at 1 p.m. in New York, and the Dow Jones Industrial Average rose 0.36 percent to 19,152.14. The Nasdaq 100 gained 0.33 percent to 4,870.02. And the Russell 2000 increased 0.38 percent to 1347.20. Trading volume was nearly half the average over the past 30 days. Markets closed at 1 p.m. New York time.