Review of the Economy (Week 6)

For the week of November 16 through 20, the stock market began a new rise toward a fresh 13-month high. The energy sector led a broad-based round of gains as oil rallied. The dollar sank, and Treasury prices were little changed, reflecting investors' diminished appetite for safe-haven bets. Oil futures were boosted by both the dollar's weakness and rising tension over Iran's nuclear program.