The S&P 500 finished at a new closing record on Friday, after U.S. consumer prices rose even more than expected in November. Markets have already been reflecting the chances of several Federal Reserve interest rate hikes in 2022.

The Dow Jones Industrial Average gained 216 points, or 0.6%, with the S&P 500 rising 1% and ending the day at 4,712 points. The Nasdaq Composite advanced 0.7%.

“Wall…

Source: https://www.barrons.com/articles/stock-market-today-51639134159