Equities Trade Near Record Highs11/22/2021


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November 15-19, 2021 Recap November 15-19, 2021 Recap Large cap stocks climbed fractionally to erase a prior week loss. Investors welcomed solid earnings from major retailers and a strong 1.7% October retail sales report. The third quarter earnings season is nearly complete. Of the 480 companies in the S&P 500 reporting results, 82% have topped analysts’ forecasts. U.S. markets will be closed Thursday for Thanksgiving Day and will close early at 1 p.m. ET on Friday.

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The Weekly Recap is published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.

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