S&P 500 Hits Record Highs Amid Ongoing Post-Election Rally
TL;DR Summary
U.S. stocks continue their post-election rally, with the S&P 500 reaching a record high, driven by optimism over former President Trump's election win and potential Republican control of Congress. The tech-heavy Nasdaq also saw significant gains, with Tesla's market cap surpassing $1 trillion. Meanwhile, Humana shares fell after Cigna decided not to pursue a takeover. The market anticipates further gains despite muted trading due to Veterans' Day, with key economic data and corporate earnings reports expected later in the week.
- Stock Market Today: Stocks extend record run on 'Trump Trade' boost TheStreet
- Stock futures climb following S&P 500's best week of the year: Live updates CNBC
- Futures extend gains as post-election rally continues Yahoo Finance
- S&P 500 Levels to Watch as Post-Election Rally Drives Index to Record High Investopedia
- The S&P 500 breaks 6,000 for the first time. U.S. stocks may have more upside. MarketWatch
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