The top 20 most traded winner was Meta Plattforms (Facebook) with a 7.4 percent increase. The stock was also among the winners in November, with an increase of 26.8 percent. Only seven stocks were up more in November, and among them were Abiomed, up 49.9%, Wynn Resorts (+30.9%), AMD (+29.3%) and Boeing (25.5 %), according to Marketwatch.
Oil, interest, gold and bitcoin
The 30-year interest rate fell 6 basis points to 3.75% on Wednesday. The 10-year interest rate fell 12 basis points to 3.63%, closing down 9.0% in November. The 2-year yield fell 13 basis points to 4.34%, but is still well above the 10-year yield, which often signals an impending recession.
WTI and Brent crude oil were higher on Wednesday, with Brent (January) up 2.9% to $85.43. WTI oil rose 3.0% to $80.55 on the New York commodity exchange. For November, according to Marketwatch, there was still a decline for the fifth month over the past six months.
The price of gold fell 0.2% to $1,759.90 on Wednesday, but November was still the first month of growth since March and the biggest since March 2021. The gain for the February contract ended at 7.3%. The price of silver, which rose 3.7% to $21,781 on Wednesday, was up 14% in November.
There has also been a recovery in the cryptocurrency market. Bitcoin was up 4.0% to $17,085.83, while Ethereum was up 6.6% to $1,295.71 Wednesday night.
Also resumed in December?
After a good November on the stock exchange in New York, maybe there will also be a good December?
According to Marketwatch, the Dow Jones then rises in 71% of cases. December is the second best month of the year, after July, and the increase averages 1.4 percent.
For the S&P 500 there is an increase in 73 percent of cases, and there is no other month of the year that has a higher percentage. On average, the broad index climbs 1.4%, which is the third best month on average for the S&P 500 for the year.
The Nasdaq rises in 61 percent of cases and rises by an average of 1.7 percent. For the technology index, December is the third best month of the year.
According to the Russell 2000 PMI index, December is the best month of the year. An increase was recorded in 83 percent of cases and the index rose by an average of 2.8 percent in December.
