S&P 500 breaks 6,000 level as Trump and Fed-fueled rally advances
- Posted on November 9, 2024
- By Business News Today
- 1 Views
S&P 500 breaks 6,000 level as Trump and Fed-fueled rally advances
The S&P 500 briefly surpassed 6,000 points for the first time as investors celebrated Trump's election victory and a likely Republican sweep in Congress. The markets soared this week, posting their best week in a year, fueled by expectations of business-friendly policies and a Fed rate cut.