christmas came early this year for the stock market is there a grinch waiting to ruin it it was a week of surprises both good—federal reserve chairman jerome powell essentially confirming a smaller interestrate increase this month—and bad—the november jobs report confirmed that a strong labor market remains still it was a solid week for the indexes the sp 500 rose 11 this past week and is now nearly flat over the past six months while the nasdaq composite gained 21 and the dow jones industrial average ticked up 02