US close: Stocks higher following November PCE reading
At the close, the Dow Jones Industrial Average was up 1.18% at 42,840.26, while the S&P 500 advanced 1.09% to 5,930.85 and the Nasdaq Composite saw out the session 1.03% firmer at 19,572.60. The Dow closed 498.02 points higher on Friday, building on …