Dow up 6.8% for month of November...Kospi down 3.4 percent

Dow, S&P 500 set all-time highs based on closing prices

Dow closes 0.42% higher at 44,910.65

S&P 500 index up 0.56% to close at 6,032.38

Nasdaq Composite Closes 0.83% Higher At 19,218.17

[Anchor]
Unlike the Korean stock market, which has been weak despite the Bank of Korea's key rate cut, the U.S. New York Stock Exchange, which opened a day after the Thanksgiving holiday, showed strength, with major indexes hitting record highs.

The blue-chip Dow and the large-cap S&P 500 respectively hit all-time highs at the close.

I'll connect you with a reporter to find out more about the news. Reporter Ryu Hwan Hong!

The New York Stock Exchange closed its last trading of the month with a new record?

[Reporter]
Yes, the New York stock market has heated up on expectations that the so-called "Trump Rally" will lead to a "Santa Rally" next month.

The blue-chip Dow Jones 30 Industrial Average and the large-cap S&P 500 respectively broke all-time highs at the close.

On the New York Stock Exchange, the Dow closed at 44,910.65, up 0.42% from the previous trading day.

The S&P 500 also closed at 6,032.38, up 0.56% from the previous trading day.

The tech-heavy Nasdaq Composite rose 0.83% to 19,218.17 from the previous trading day.

Market experts believe there is room for further gains in shares as a "Santa rally" is predicted, with shares rising between late December and early January.

AI, artificial intelligence market leader Nvidia rose 2.15%, while U.S. electric vehicle maker Tesla gained 3.69%.

Tesla shares surged on Wall Street's forecast that the value of the Tesla market will increase by another $1 trillion in the next year or two.

Bitcoin, a virtual currency leader considered the most representative Trump beneficiary, has also recovered to the $98,000 mark and is on the verge of entering the $100,000 mark.

On the U.S. cryptocurrency exchange Coinbase, the price of Bitcoin has risen to $98,750.

Market watchers see a cross between the desire to realize gains and expectations for further upside as the $100,000 entry, considered a psychological high, is on the horizon.

On the other hand, our stock market closed trading weak at the end of this month despite the Bank of Korea's key rate cut.

Yesterday, the KOSPI fell 1.95% and the KOSDAQ index fell 2.33%.

Compared to the beginning of this month, the KOSPI fell 3.4 percent and the KOSDAQ index fell 7.0 percent.

On the other hand, on the New York Stock Exchange, the Dow rose 6.8%, the Nasdaq Composite rose 5.4%, and the S&P 500 rose 5.3%, in contrast to our stock market.

As the Korean stock market has been losing steam, investor deposits, which are waiting funds for the stock market, were tallied at 51.600 trillion won as of the 28th.

Compared to the end of last year, it has decreased by more than 1 trillion won, and our stock market has been sluggish, and funds around the stock market have been noticeably given.

So far, I'm YTN Ryu Hwan Hong from the Ministry of Economy.