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Stock market today: S&P 500 and Dow post gains and close out best month of 2024

NEW YORK (AP) — Stocks posted solid gains as Wall Street put the finishing touches on one of its best months of the year. The S&P rose 0.6% while the Dow Jones Industrial Average gained 0.4%. Both indexes closed out November with their best monthly performances of the year. The Nasdaq added 0.8%. Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour later. Investors were looking to see how much shoppers are willing to spend on gifts for the holidays. Black Friday unofficially kicked off the holiday shopping season, although retailers ...

The ruble’s in a slump. For the Kremlin, that’s a two-edged sword

(AP) — Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other. The official central bank rate for Friday was ...