Wall Street's main indexes posted modest losses on Friday but performed well during the holiday-shortened week and registered strong gains for the month of November.
For the week, the S&P 500 added 1%, the Dow Jones Industrial Average rose 0.65% and the Nasdaq Composite gained 1.7%. For the month, these three indexes added 3.4%, 3.7%, and 4.5%, respectively.
In the meantime, the 10-year US Treasury bond yield rose more than 4% in November to end the third straight month in the positive territory after slumping to its lowest level in more than three years at 1.428% back in early September.
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