**Stock Surge Continues Amid Trump's Tariff Announcements**

The stock market continued its upward trajectory, fueled by investors’ optimism despite recent tariff threats by President-elect Donald J. Trump. November concluded as a stellar month for the S&P 500, achieving its best performance in a year, as reported by FactSet.

On the final trading day of November, the S&P 500 increased by 0.6 percent, reaching a record high of 6,032.38 at 1 p.m. following the Thanksgiving break. This capped off a 5.7 percent rise for the month. The index also experienced a weekly gain of 1.1 percent, showcasing broad market resilience.

Earlier in the week, the market experienced a brief dip after Mr. Trump announced intentions to impose significant tariffs: 25 percent on Canada and Mexico, and 10 percent on China. These tariffs were linked to efforts to curb drug inflows and undocumented immigration. Although these declarations caused protests from the affected countries, the market quickly rebounded.

The market rally can be partially attributed to pre-election sentiments when Wall Street began predicting a Trump victory. Investors have reacted favorably to his proposals for significant tax cuts and reduced regulation on businesses, boosting market confidence.

As 2024 nears its end, the S&P 500 has surged by 26.5 percent for the year and 32.6 percent over the past twelve months, marking exceptionally high returns. Investors seem to remain buoyant about the prospects of a Trump administration’s economic policies.