The last quarter-hour of the final session of November was not to be missed, with the 3 main indices surging +0.5% online.

The month of November comes to an end in the best possible way, having already proved to be the best and most perfect month of the last 43 years for the S&P500 (+0.37%, its 18th session out of 23), which gained almost +10% over the calendar month.
The Dow Jones (boosted by Salesforce with +9.4%) gained +1.4% on November 30, taking its gain to +9%, its best performance since October 2022.
But these 2 indices remain far behind the Nasdaq and the Nasdaq-100 (which returned to the 16,000 mark) with +11%, despite its -0.4% decline this evening.

Like last month, the 3 sectors that underperformed this Thursday were energy, consumer goods, utilities... and, for once, the 'technos' and electric vehicle producers: Lucid -3.2%, Nvidia -2.9%, AMD -2.2%, Alphabet -1.8%, Tesla -1.7%, Meta -1.5%... and Ford dropped -3.2%.
Workday +2.7%, Autodesk and Palo-Alto +2.1%, Regeneron and Gilead +1.9% were not enough to keep it afloat.

After some hesitation, Wall Street came to terms with the inflation figures, the release of which made it clear that investors were hoping for a "big good surprise", and it was just a "good surprise"... as expected.

The US Commerce Department announced that the 'PCE' index, which is closely watched by the Federal Reserve, had decelerated by -0.2% to 3.5% in October year-on-year, after rising by 3.7% in September... but the 'core PCE' index was up by +0.2% sequentially, as 'services' prices did not contract last month.

In addition, US household income and spending rose jointly by +0.2% in October, a month marked by a slowdown in consumption over the 2nd fortnight.

Weekly jobless claims rose by +7,000 to 218,000.
On the bond market, the yield on ten-year US Treasury bonds deteriorated slightly, rising +7Pt to 4.338% after testing a new low since September at 4.24700%.

On the currency front, the dollar is firmly back on track (+0.75% against the euro, which is down to 1.0885), while some traders are now counting on the first rate cut by the ECB, before the Fed.

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