Stock Market Today: Nasdaq Outperforms as Mega-Cap Tech Stocks Soar – Kiplinger's Personal Finance

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Stocks ended a choppy week on a positive note but it wasn't enough to pull the major market indexes into the green on a weekly basis.
In focus today was the University of Michigan's consumer sentiment index, which fell to 66.8 in November from 71.7 in October – its lowest level in a decade and well below the 72.5 expected by economists.
Also on the economic front, the latest Job Openings and Labor Turnover Survey (JOLTS) showed the number of job openings eased slightly in September (to 10.4 million from August's 10.6 million), though the number of quits hit a record high of 4.4 million.
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At the close, the Nasdaq Composite was up 1.0% at 15,860 as Meta Platforms (FB, +4.0%) led a rally in mega-cap tech stocks.
The S&P 500 Index gained 0.7% to 4,682 and the Dow Jones Industrial Average rose 0.5% to 36,100 on strength in Johnson & Johnson (JNJ, +1.2%). The healthcare giant gained on news it will split into two publicly traded companies, which you can read more about here.
Still, all three benchmarks notched their first down week since Oct. 1.
Other news in the stock market today:
As the end of 2021 nears, we have four words for you: Don't neglect your 401(k).
If you're like many payrolled retirement savers, you have taken a "set it and forget it" approach to your 401(k) contributions and allocations. However, there are several reasons to check in on your retirement account. Perhaps your investment goals have changed or you'd like to reallocate funds to make sure you're getting the most bang for your buck.
We continue our annual look at the top mutual funds offered in 401(k) plans that so far has included options from Vanguard, Fidelity and T. Rowe Price. And we've now arrived at American Funds.
According to Kiplinger's Nellie Huang, "American Funds is a powerhouse in the 401(k) world, where investors of all sorts can access them. Six of its funds appear among the 100 most widely held funds in employer-sponsored retirement savings plans; another seven of its target-date funds, American Funds Target Date Retirement series, also rank among the top 100." Today, we delve into seven American Funds that are commonly found in 401(k) plans, rating each one a Buy, Hold or Sell.
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