A man sits on the Wall street bull near the New York Stock Exchange on November 24, 2020 in New York City., and it could signal Wall Street sees better things ahead for the economy heading into the new year.
The 30-stock average is up about 11.5% in November, on pace for its biggest one-month gain since January 1987. Back then, the Dow jumped 13.8%. However, this month's gains were not led by high-flying growth stocks such as Apple or Microsoft. Instead, the Dow's driving force came mainly from companies that would benefit from a strong economy, potentially signaling investors are betting on a big recovery from the coronavirus pandemic.
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