Trump's victory boosts market confidence, U.S. stocks achieve the best weekly performance of the year

Zhitong
2024.11.09 00:13
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Trump's victory boosts market confidence, and U.S. stocks achieve their best weekly performance of the year. The S&P 500 index rose for the fourth consecutive trading day, briefly breaking through 6,000 points during the session, with a weekly gain expanding to 4.7%. On Friday, U.S. stocks closed higher amid robust consumer confidence data and optimistic expectations for Trump's economic agenda. On that day, $20 billion flowed into U.S. equity funds, with small-cap stocks attracting the largest inflow of funds since March. Market strategists indicated that this psychological milestone could attract more investors