In the early hours of trading, the S&P 500 dipped to almost 5,773, slipping beneath its November 5th closing mark of 5,782.76. On November 6th, following the election, the index surged, maintaining its pre-election momentum and peaking with a record close at 6,090.27 on December 6th, showing a 5.3% increase since Election Day.
The uptick in bond yields, partly fueled by uncertainties surrounding the new Trump administration’s policy directions, has been mentioned as a reason for the market’s lackluster performance as 2024 came to a close and 2025 began.
