Expect more choppiness ahead after a week of mixed market signals

All the major stock averages closed higher for the week thanks to a Friday afternoon rally that pulled the Dow Jones back into positive territory. Driving the action were several key economic reports, including the November ADP employment and nonfarm payrolls reports and the October personal spending report.

Chair of the U.S. Federal Reserve Jerome Powell speaks at the Brookings Institution, November 30, 2022 in Washington, D.C.All the major stock averages closed higher for the week thanks to a Friday afternoon rally that pulled the Dow Jones back into positive territory. Driving the action were several key economic reports, including the November ADP employment and nonfarm payrolls reports and the October personal spending report.

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