US stock market rose for the third consecutive session

Photo caption — Traders at the New York Stock Exchange, USA. Photo: THX/TTXVN

The rally was bolstered by recent comments from Fed officials about the possibility of another rate cut in December 2025.

Major indexes in New York all rose, with the Dow Jones and S&P 500 both rising 0.7% to close at 47,427.12 points and 6,812.61 points, respectively, while the Nasdaq Composite rose 0.8% to 23,214.69 points.

Matt Britzman, an expert at Hargreaves Lansdown, said that the market has been volatile in recent weeks due to expectations of a Fed rate cut. Jack Ablin, an expert at Cresset Capital Management, said that if these expectations are reinforced, the market could continue to rise. He explained that the rise in small-cap and “value” stocks shows a healthy shift in capital flows: from mega-cap technology to many other companies that will benefit from lower borrowing costs.

Analysts also said the market was supported by speculation that Kevin Hassett, Director of the National Economic Council, could become the next Fed Chairman, as expectations mount that Hassett will continue to cut interest rates.

In the domestic market, at the end of the session on November 26, the VN-Index increased by 20.00 points (1.20%) to 1,680.36 points. The HNX-Index increased by 4.61 points (1.79%) to 261.91 points.

Source: https://baotintuc.vn/thi-truong-tien-te/thi-truong-chung-khoan-my-tang-diem-phien-thu-ba-lien-tiep-20251127074452259.htm