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Published on 7 Nov 2024 on Benzinga

... Says: How High Could US Stock Market Rise? - SPDR S&P 500 (ARCA:SPY),...

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The U.S. stock market erupted with gains following Donald Trump‘s victory in the 2024 presidential election and a potential Republican sweep of Congress. This sets the stage for what some analysts call a new “Roaring 2020s.”

The S&P 500 — tracked by the SPDR S&P 500 ETF Trust SPY — jumped 2.5% to fresh record highs on Wednesday, marking its best one-day performance in nearly two years and the strongest ever in a post-Election day.

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