US Stock Market Hits New Records Amid Tariff Distractions

Reported about 3 hours ago

On November 26, 2024, US stocks disregarded President-elect Donald Trump's tariff threats to China, Canada, and Mexico, leading the S&P 500 and Dow Jones Industrial Average to achieve record closes. The S&P 500 increased nearly 0.6%, while the Nasdaq Composite rose about the same percentage, despite earlier losses in the Dow due to Amgen's disappointing drug data. Additionally, consumer confidence improved, supported by positive labor market sentiments.

Source: YAHOO

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