President Trump Breaks Another Economic Record: S&P 500 Incurs Best Week Ever!

Guest post by Joe Hoft

President Trump incurs another economic miracle – the S&P 500 reached its best week ever last week!

Shhh- don’t tell anyone but last week was the best week for the S&P 500 in history!

Barron’s notes that –

The S&P 500 rose 4.8%, to 2760.16, last week, while the Dow Jones Industrial Average gained 1252.51 points, or 5.2%, to 25,538.46, and the Nasdaq Composite jumped 5.6%, to 7330.54.

It was the best week for both the S&P 500 and the Nasdaq since Dec. 2, 2011.

This is true, but what Barron’s and no other publication notes, is that last week was the best week in S&P 500 history!

The S&P 500 rose 127.61 points last week – the most it has ever increased in a week.  On Friday November 23rd the S&P 500 closed at 2,632.  On Friday November 30th, the S&P 500 closed out the month of November at 2,760.  This is the largest point increase in a week ever.

The old record for the largest increase for a week was quietly set on February 16th of this year when the S&P 500 increased by 112.67.  The only other time the S&P 500 increased by more than 100 points in a week was the week ending on April 20, 2001.

President Trump has reached numerous economic records to date.  His work is clearly moving this great country in the right direction.

 

 

 

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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Thanks for sharing!