Stock Market Today: Stocks Close Higher Ahead of Inflation Week

Bulls regained control ahead of next Tuesday's release of the October CPI report.

closeup of stock chart with blue moving average going higher
(Image credit: Getty Images)

Stocks opened higher Friday and continued to climb into the close, putting the lid on another strong week for the U.S. equities market. Today's upside came even as data showed consumer sentiment fell as inflation expectations climbed.

Shortly after the open, the University of Michigan said its consumer sentiment index fell for a fourth straight month in November, slipping to 60.4 from October's reading of 63.8.

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.