The S&P 500 index reached a new high on Friday as major stock indexes rose, driven by technology stocks and anticipation of holiday shopping. Retail stocks like Target, Hasbrohq, Macy's, and Nike saw gains, reflecting strong consumer spending and confidence in online sales.
The S&P 500 index hit a record high as Wall Street's main indexes rose in a shortened Black Friday session, lifted by select technology stocks , while retail was in focus as the holiday shopping season kicked off. Information technology stocks , including Nvidia, helped boost the benchmark S&P 500 , while the industrial and financial sectors lifted the blue-chip Dow. Retailers saw increased online spending and stock gains, with Adobe Analytics estimating a record $10.
8 billion in online purchases, up 9.9% from Black Friday last year
S&P 500 BLACK FRIDAY TECHNOLOGY STOCKS RETAIL NASDAQ
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