How major US stock indexes fared Friday, 12/1/2023

Stocks gained ground on Wall Street as the market comes off its best month in more than a year. The S&P 500 rose 0.6% Friday, marking its fifth straight week of gains. The Dow Jones Industrial Average rose 294 points and the Nasdaq composite added 0.6%. In company news, Ulta Beauty soared 10.8% after reporting better-than-expected results for its latest quarter and raising its forecast. Gainers outnumbered decliners by roughly 6-to-1 on the New York Stock Exchange. Investors entered December on track to close out the year with solid gains. Treasury yields and crude oil prices fell.