Stocks were choppy in Friday's abbreviated session, though the three main indexes extended their daily win streaks to five on Black Friday. Today's gains came even as futures and options trading were temporarily halted ahead of the open due to a cooling issue at a Chicago Mercantile Exchange (CME) data center.
"'Better late than never' may turn out to be the stock market's story for November," says Chris Larkin, managing director of Trading and Investing at E*TRADE from Morgan Stanley. "While it might be too soon to say we've seen the last of tech volatility, over the past [five] trading days, the S&P 500 erased nearly all of its November pullback, rallying from a nearly 10-week low to roughly 1% below its record close."
