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Market Commentary 12/2/24

December 03, 2024
The Thanksgiving trading week saw market gains, extending monthly returns across indices. The S&P 500 rose 5.75%, its highest monthly return since November 2023. Energy lagged as crude oil fell 4.5%, while natural gas rose 2.3%. Bond markets rallied, with Treasuries dropping yields, boosting the Bloomberg Barclays Index by 1.5%.