Stocks Heading For Weekly High Under Trump Administration
(UnitedVoice.com) â COVID-19 caused the American economy to come to a screeching halt. Although many people are still suffering the effects of the virus, as a whole, the situation is starting to look better for the country. The stock market is doing particularly well.
On Friday, November 13, the market was headed for a weekly high. The S&P 500 was up 25 points and the Dow Jones Industrial Average rose 200 points. The market has been reacting to Pfizerâs news about their coronavirus vaccineâs effectiveness for the last week.
Dow and S&P moving higher in bid to escape turbulent week with gains https://t.co/JqsppVktF5
â MarketWatch (@MarketWatch) November 13, 2020
This isnât the first time the stock market has soared under President Donald Trump. His policies have created a friendly business environment thatâs repeatedly resulted in massive gains. Many believe his economic approach is what helped pull the country out of the hole created by the pandemic. He has created an incredible legacy of growth under his leadership.
Copyright 2020, UnitedVoice.com