S&P 500 hits new 2023 closing high as stocks rise for 5th straight week

Published: Dec. 1, 2023, 11:34 p.m.

b'US stocks rose Friday afternoon, building on a stellar November, even as investors digested a warning from Federal Reserve Chair Jerome Powell that it would be "premature" to conclude that Fed rate hikes are over or "speculate" when cuts could begin.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'