Stocks Rally During the Week Due to Economic Confidence

Market Performance - The S&P 500 index reached a new record high before closing slightly lower, ending the week up +1.4%, while the Nasdaq 100 index closed the week up +1.2% [2] - The Dow Jones Industrials Index and Nasdaq 100 Index both experienced minor declines of -0.04% and -0.05% respectively on Friday [1] Economic Indicators - The 10-year T-note yield fell by -0.6 basis points, providing underlying support to the stock market [3] - The US Q3 real GDP rose by +4.3% (quarter-over-quarter annualized), significantly exceeding market expectations of +3.3% [3] Commodity Market - Gold, silver, and platinum reached new all-time highs due to early dollar weakness and geopolitical concerns [4] Geopolitical Events - The US conducted strikes on ISIS targets in Nigeria as part of a collaboration with the Nigerian government to combat terrorism [5] - The US Coast Guard forced the sanctioned oil tanker Bella 1 to divert from Venezuela, highlighting ongoing tensions related to US sanctions [6] - Progress may be made on a Ukraine-Russia peace deal, with Ukrainian President Zelensky indicating a meeting with President Trump to discuss a 20-point peace plan [7]