Dow ends near flat, but major averages remain on track for big November gains

By Around the Web

(Image by David Vives from Pixabay)
(Image by David Vives from Pixabay)

(CNBC) — The S&P 500 and the Dow Jones Industrial Average ended Wednesday near the flat line, but the major averages remain on track for their biggest monthly gain in 2023.

The 30-stock Dow was up 13.44 points, or 0.04%, to close at 35,430.42. The S&P 500 ticked down by 0.09% to end at 4550.58, and the Nasdaq Composite slipped by 0.16% to 14,258.49.

Because of this November comeback, major market benchmarks are approaching their 2023 highs reached over the summer. The Dow would need to gain just about 0.5% to reach a new 2023 high. The S&P 500 and Nasdaq Composite would need to gain around 1% each to reach new 2023 highs.

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