Equity markets reacted to election results as expectations rose that deregulation and corporate tax cuts would be part of the incoming administration’s agenda. Major equity indices all climbed in November, with the Dow Jones Average, the S&P 500 Index, and the Nasdaq elevating in November.
Nearly all sectors of the S&P 500 index were positive for the month of November, as encouragement surrounding proposals that could possibly boost company earnings and growth forecasts.
Small capitalized as well as large capitalized stocks have experienced advances throughout the month and year. Optimism surrounding earnings and continued economic stability have also contributed to elevated valuations.
Sources: S&P, Dow Jones, Nasdaq. Russel, Bloomberg
Print Version: Domestic Stock Overview : December 2024