Stocks open lower but are still headed for big monthly gains
NEW YORK (AP) — Stocks are falling in the early going on Wall Street as traders return from the Thanksgiving holiday, but major indexes are still on track for hefty monthly gains. The S&P 500 slipped 0.3% shortly after the opening bell Monday, weighed down by losses in energy companies and banks. The benchmark index is still on track to rise more than 10% in November, which will be its biggest monthly gain since April and its second-biggest since 1987. Moderna soared after saying it will seek emergency use of its coronavirus vaccine as new study results confirm the shots offer strong protection.
Become a Subscriber!
You have read all of your free articles this month. Select a plan below to start your subscription today.
Already a subscriber? Login
