A Federal Reserve announcement on tapering, a fresh batch of corporate profits, and encouraging economic data lifted stocks to another weekly gain.

The Dow Jones Industrial Average rose 1.42%, while the Standard & Poor’s 500 advanced 2.00%. The Nasdaq Composite index led, tacking on 3.05%. The MSCI EAFE index, which tracks developed overseas stock markets, added 1.58%.1,2,3

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1. The Wall Street Journal, November 5, 2021
2. The Wall Street Journal, November 5, 2021
3. The Wall Street Journal, November 5, 2021