Macy’s Santa Claus appears on the trading floor to celebrate the 97th Macy’s Thanksgiving Day Parade at the New York Stock Exchange (NYSE) in New York City, U.S., November 22, 2023.Â
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The major stock indices rallied higher for their seventh straight week, lifted largely by positive comments on Wednesday by Federal Reserve Chairman Jerome Powell. The Dow Jones Industrial Average gained 2.8% for the week, while the S&P 500 rose 2.5% and the Nasdaq Composite jumped 2.9%.
