New York Stock Exchange Ends Strong...Dow/S&P 500 hits new high

On the last trading day of November and for Black Friday, the New York Stock Exchange closed strong, breaking another record.

On the New York Stock Exchange, the Dow closed 0.42% higher than the previous day, while the S&P 500 and Nasdaq were also up 0.56% and 0.83% respectively.

The Dow and S&P 500 both hit their closing highs, while the Nasdaq rose 6.2% for the month of November, its highest gain since May.

The New York Stock Exchange closed at 1 p.m. earlier than usual for Black Friday, the day after Thanksgiving.

Semiconductor-related stocks led the gains on the observation that a softer-than-expected regulation would come out, with the Biden administration's restrictions on semiconductor exports to China set to be announced as early as next week.

AI leader Nvidia rose 2.15%, while Lam Research closed up 3.23%.