By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
stocks closed higher on Friday, driven by a rally in tech stocks but all the major benchmarks snapped their five-week winnings streak amid growing worries of inflation that weighed on investors’ sentiment.
The consumer price index released earlier in the week showed inflation rising at its hottest pace in the last almost 30 years.
However, on Friday, investors started with renewed vigor, as they looked past disappointing economic data and shook off inflation worries to focus on the remainder of the earnings season.
In economic data, University of Michigan’s gauge of consumer sentiment, dropped to a reading of 66.8 in November, from October’s reading of 71.7.
This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein.
Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.