3 Banks to Consider as Stock Market Closes November at Record Highs
The markets posted solid gains to turn November into the best-performing month of 2024. All three major indexes – S&P 500, Nasdaq and Dow Jones – witnessed substantial monthly upswings. Donald Trump’s win in the presidential election was the primary factor driving investor optimism. Strong economic growth and the Federal Reserve’s path for a rate cut in December also supported the bullish stance. Last month, all the sectors within the S&P 500 Index moved up. Among the top three best-performing sectors is th ...