Consumer spending, inflation, and housing are 3 things to watch in the market

Shoppers walk around Twelve Oaks Mall on November 24, 2023 in Novi, Michigan. 

Emily Elconin | Getty Images

Wall Street advanced during this holiday-shortened trading week, with the S&P 500 and Nasdaq both reaching new all-time highs in the first half of the week before pulling back some. The S&P 500 and Nasdaq were able to finish the week slightly higher. The Dow, which had recently come off the boil, was the big weekly winner.

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