Reported 16 days ago
The S&P 500 reached the 6,000 mark for the first time ever, as US stocks are set to achieve their best weekly gains of the year, following Donald Trump's election victory and the Federal Reserve's interest rate cut. Stocks rose amidst optimism for economic growth under Trump's policies, with the Dow Jones Industrial Average also breaking above 44,000. However, concerns over China's fiscal stimulus and potential tariffs emerged, affecting tech stocks.
Source: YAHOO