Market Report Nov 17 2023

On Thursday’s trading, the S&P 500 Index and Nasdaq Composite witnessed a modest increase of 0.1%, once again, primarily driven by the performance of mega-cap stocks.

This upward trend is intact despite the expected consolidation within the broader market, where the sya losses remained relatively minor in comparison to the substantial gains achieved previously.

Key players such as MSFT (post-event) and GOOGL (piggy-back) demonstrated strength, with their stock values escalating by nearly 2% on an overall dull day.

Javid Shaik

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