The stock market has just recorded its best month this year in the wake of Donald Trump’s stunning election victory.
According to The Wall Street Journal, Trump’s victory has led to a market rally as investors feel bullish about the prospects for the U.S. economy:
U.S. stocks were on track to end November with their biggest monthly gains this year, as chip stocks rallied on Friday. Major indexes advanced in midday trading, with the S&P 500 on pace for a fresh record.
..
The Dow Jones Industrial Average was on track to deliver its biggest monthly percentage gain since late 2023, according to Dow Jones Market Data.
The S&P 500 was also narrowly on course to register its best month of 2024. The small-cap Russell 2000 climbed, lifting its monthly gains above 11%.
Donald Trump’s U.S. election victory this month ignited a market rally as investors bet proposed tax cuts and…
