Stocks were modestly higher in a shortened trading week as investors stopped the slide in some artificial intelligence (AI) stocks. Trading volume was light, however, which means that investors will have to wait until next week to see if the market is ready to reverse its November slide.
Investors also got their first look at some government data with the September producer price index (PPI) and retail sales data. That increased optimism that the Federal Reserve will cut interest rates at its December meeting. Next week, investors will get the November reading of the Personal Consumption Expenditures (PCE) index. The last inflation data point before the Fed meeting.
With markets set to resume normal hours next week, here’s a look back at some of the top-read MarketBeat stories from the holiday week.
