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S&P 500 touches 6,000 as Trump wins

World News

2024-11-08 | 14:02

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S&P 500 touches 6,000 as Trump wins

The S&P 500 briefly touched the 6,000 mark and was set to log its best week this year as a sweeping Trump victory powered bets of a business-friendly agenda and an expected interest-rate cut eased pressure on the U.S. economy.

Both the S&P 500 and the Dow (.DJI) are set for their best week since last November, while the Nasdaq (.IXIC) is on track for its best in two months and second-best week in 2024.

Reuters

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