It was a great — albeit short — trading week for the U.S. stock market. The S & P 500 added 1.06% on the week while the Nasdaq Composite advanced 1.13% and the Dow Jones Industrial Average rose 1.39%. These gains added to an already stellar month for the market following Donald Trump's victory in the 2024 presidential election. The Dow advanced 7.54%, its best monthly performance since November 2023, while the S & P 500 gained 5.73%and the tech-heavy Nasdaq each increased 6.21%.
1% in October, while hourly earnings are expected to increase 3.9% year over year, which would represent a slight deceleration from last month. Ahead of Friday's report, we"ll see ADP's monthly data , along with the job openings and labor turnover survey , which monitors the tightness of the job market. Manufacturing: The November ISM Manufacturing report, out Monday, is expected show the contraction in the manufacturing sector is slowing.