index: The gauge ended the five days higher by 2.6 percent, according to Bloomberg. The S&P 500 Index rose 0.8 percent, with financials again contributing the most to the advance. The biggest beneficiary has been small caps, with the Russell 2000 Index rallying 11 straight days to cap its longest winning streak since 2003 as the dollar strengthened. Technology shares joined the rally after concerns over trade policies faded. The benchmark for American equity has added 2 percent since president-elect Donald Trump won the U.S. election, led by a surge in financial stocks and shares of industrial companies. The Dow Jones Industrial average edged up for the week after touching a fresh high on Nov. 15.
(news.financializer.com). As
reported in the news.
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