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S&P 500 Breaks 6,000 Points, Dow Soars Above 44,000, Small Caps Eye Strongest Week In 4 Years, Tesla Hits $1 Trillion: What’s Driving Markets Friday?

The S&P 500 index surged past the 6,000-point milestone, setting fresh record highs, and small-cap stocks are poised for their best weekly performance since April 2024 as investor optimism surrounding the “Trump trade” continued to fuel a strong risk-on sentiment by the end of a wild week in the market. …

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GOP, Cruz Tell FCC ‘Pencils Down’ After Trump Win

Congressional Republicans wasted no time this week in putting their stamp on internet policy. Two days after the election, Sen. Ted Cruz, a Republican from Texas, sent a “pencils down” letter to Federal Communications Commission Chairwoman Jessica Rosenworcel. “I request the FCC and all of its bureaus and offices immediately …

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