Stocks post solid gains as November closes strong
Wall Street posted solid gains with the S&P 500 up 0.6 percent, the Dow 0.4 percent, and the Nasdaq 0.8 percent as November yielded the year’s best monthly performance. Macy’s Best Buy and Apple led gains while Tesla climbed 3.7 percent. Bond yields fell and Bitcoin traded near 97,000.
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Retailers offer deep discounts on Black Friday in New York
U S shoppers flocked to stores for Doorbuster prices while online deals linger. Target drew lines for Taylor Swift merchandise as others aimed at in store discounts and later Cyber Monday offers. Analysts say the holiday rush was tempered by inflation and a shift toward online shopping. crowds remained steady at Macy's Herald Square with bargains on shoes, handbags, dresses and bedding.
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Trudeau to meet Trump on tariffs in Florida dinner
Canadian Prime Minister Justin Trudeau flies to West Palm Beach to meet President-elect Donald Trump at Mar-a-Lago for talks amid Trump’s threat to levy a 25 percent tariff on Canadian products. Trudeau says progress will come from constructive conversations to resolve concerns.
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Energy Council aims for U.S. energy dominance abroad
President-elect Trump plans a National Energy Council led by North Dakota Governor Doug Burgum to push oil and gas drilling, reduce regulation, and boost private investment while facing limits from existing high production and tariffs on Canada and Mexico. Industry groups warn tariffs could raise prices and threaten security.
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