Stocks Cap Best Week Since June; Tech Regains Mojo: Markets Wrap
- Dollar posts for fourth week of losses, longest run since 2020
- Cryptocurrency selloff resumes amid worsening FTX woes
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US stocks gained surer footing after a choppy morning session, extending a rally sparked by a slowdown in inflation. The dollar fell, declining for a fourth week.
The S&P 500 closed near session highs in the biggest weekly gain since June. The tech-heavy Nasdaq 100 climbed more than 1.5%, notching its best week in two years. Cash Treasury trading is closed for Veterans Day.