Wall Street rose for a fifth straight day to put the wraps on a volatile month.

The S&P 500 rose 0.5% in abbreviated trading Friday and closed out November with a slim gain of 0.1%. The Dow Jones Industrial Average rose 289 points, or 0.6%. The Nasdaq gained 0.7% but ended November with a drop of 1.5% because of losses for some big tech stocks.

Stocks swooned in mid-month as investors worried that stocks boosted by the frenzy around artificial intelligence such as Nvidia had gotten too expensive. Nvidia lost 1.8% Friday and closed the month with a double-digit loss. Oracle fell 23% in November while Palantir Technologies sank 16%.

Some tech stocks did notch monthly gains, most notably Alphabet, which rose nearly 14%, due to excitement about its recently released Gemini AI model .

Th

See Full Page