{"id":3488,"date":"2024-11-29T18:50:09","date_gmt":"2024-11-29T18:50:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3488"},"modified":"2024-11-29T18:50:09","modified_gmt":"2024-11-29T18:50:09","slug":"sp-500-dow-rally-to-record-highs-dollar-snaps-8-week-streak-bitcoin-soars-above-97000-whats-driving-markets-friday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3488","title":{"rendered":"S&amp;P 500, Dow Rally To Record Highs, Dollar Snaps 8-Week Streak, Bitcoin Soars Above $97,000: What&#8217;s Driving Markets Friday?"},"content":{"rendered":"<div>\n<p>Risk-on sentiment gained momentum on Wall Street after the Thanksgiving holiday, fueled by investor optimism over fourth-quarter profit forecasts for U.S. corporations, lifting both the S&amp;P 500 and Dow Jones <a href=\"https:\/\/www.benzinga.com\/markets\">to fresh record highs.<\/a><\/p>\n<p>The S&amp;P 500 broke past the 6,040-point mark on Friday and closed at 6,032, extending its year-to-date gains to an impressive 27%. If the year ended on Friday, the broader U.S. stock market would have surged by a staggering 57% over the last two years, representing the strongest such rally since 1998. <\/p>\n<p>The Dow Jones also hit a record-high milestone, surging above the 45,000 level and bringing its year-to-date gains to 19%.<\/p>\n<p>Technology stocks outperformed, with the Nasdaq 100 rising 1% on the day, buoyed by gains in the Magnificent Seven mega caps and semiconductor stocks.<\/p>\n<p>Small caps stocks posted more modest gains, as the Russell 2000 index edged up 0.4%.<\/p>\n<p>In the currency market, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/large-cap\/24\/11\/42249462\/sp-500-dow-rally-to-record-highs-dollar-snaps-8-week-streak-bitcoin-soars-above-97000-whats-drivin\" alt=\"S&amp;P\" dow rally to record highs dollar snaps streak bitcoin soars above what driving markets friday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Risk-on sentiment gained momentum on Wall Street after the Thanksgiving holiday, fueled by investor optimism over fourth-quarter profit forecasts for U.S. corporations, lifting both the S&amp;P 500 and Dow Jones to fresh record highs. The S&amp;P 500 broke past the 6,040-point mark on Friday and closed at 6,032, extending its year-to-date gains to an impressive [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3488","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3488"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3488\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}