Good afternoon.
Markets rally to kick off the week, Microsoft stock hits a record high, and OpenAI fires Sam Altman.
Let's dive in.
Markets
Here are today's market moves:
What's Happening
U.S. stocks climbed on Monday to kick off the short Thanksgiving week.
The stock market is up 8.4% in November, its best month since July 2022:
Microsoft stock hit a record high after the company said it has hired OpenAI CEO Sam Altman.
The crypto market climbed on Monday. Bitcoin is trading near its highest level of 2023 amid ETF optimism.
Catch Up
The S&P 500 has surged 9.6% in the past three weeks—its best three-week stretch since 2020.
Sam Altman was abruptly fired as CEO of OpenAI on Friday.
The U.S. stock and bond markets will be closed Thursday for Thanksgiving.