Here's what is happening in the markets today, Monday, December 11th
- S&P 500 reached a new high for 2023 on Friday
- All major indices finished the week higher
- 2 reasons: Jobs Report and UoM Consumer Survey Data
- The S&P 500 and the Dow Jones have their longest winning streak since 2019, spanning six weeks
- Crude Oil experienced its 7th consecutive week of losses
- Boeing (BA), FedEx (FDX), and Costco (COST) made new highs for the year
- Macy’s (M) jumps after buyout offer
- Occidental Petroleum (OXY) agreed to buy privately held energy producer CrownRock for $12 billion and raises quarterly dividend to $0.22
- This week: Fed Meeting
PLUS: How we trade these markets and our current positions
This wraps up today's stock market news.
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