Wall Street surged on Friday, propelling the S&P 500 and Nasdaq to record highs amid trade optimism and expectations of Federal Reserve rate cuts. Despite a brief setback caused by President Trump’s termination of trade talks with Canada, all major indexes posted weekly gains. Economic data, including consumer spending and sentiment reports, further solidified expectations for monetary easing.
Concurrent Gainers: 8 smallcap stocks that gain for 5 days in a row
The benchmark finished in the red in three of the five sessions between December 8 and 12. Despite broader market weakness and some volatility, eight