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Trump Victory Sends US Stocks to Best Weekly Rally in a Year

November 8, 2024 at 8:04 pm Staff
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A post-election stock rally following President-elect Donald Trump’s decisive victory propelled two of Wall Street’s major indexes to their best weekly performance in a year. Analysts remain divided on whether the momentum will continue or give way to volatility as Trump’s policy agenda comes into clearer focus.
Wall Street’s three main indexes all closed at all-time highs on Nov. 8, with both the Dow Jones Industrial Average and the S&P 500 recording their best weekly performance since early November 2023.
At closing bell, the Dow rose 259.65 points, or 0.59 percent, to 43,988.99; the S&P 500 gained 22.44 points, or 0.38 percent, to 5,995.54; and the Nasdaq Composite gained 17.32 points, or 0.09 percent, to 19,286.78….

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