debut: 2/1/15
10,317 runs
Stocks rose again Friday as the market extended a post-election rally that has pushed major indexes to a series of record highs.
The S&P 500 and Dow Jones Industrial Average gained 0.4% and 0.6%, respectively, while the Nasdaq Composite tacked on 0.1%. Each of the major indexes hit record closing highs and posted weekly gains of around 5%, with the S&P 500 and Dow having their best weeks since last November. The stock market has been boosted by investor optimism about Donald Trump's decisive victory in the presidential election and the Federal Reserve's moves to cut interest rates.
The S&P 500 and Dow Jones Industrial Average gained 0.4% and 0.6%, respectively, while the Nasdaq Composite tacked on 0.1%. Each of the major indexes hit record closing highs and posted weekly gains of around 5%, with the S&P 500 and Dow having their best weeks since last November. The stock market has been boosted by investor optimism about Donald Trump's decisive victory in the presidential election and the Federal Reserve's moves to cut interest rates.
Markets News, November 8, 2024: Stocks Hit Record Highs as Election-Fueled Rally Continues; S&P 500, Dow Wrap Up Their Best Weeks of 2024
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