In a sign that investors are taking the Trump administration’s threats to pull the US out of the Paris climate agreement seriously, the S&s 500 Index has climbed 5% this week to 2,898.56, according to FactSet data.
Investors are also taking stock of the president’s plans to roll back some environmental regulations and roll back financial regulation.
The Dow Jones Industrial Average rose 13.6 points, or 0.3%, to 21,868.55, the Nasdaq Composite climbed 5.6%, to 5,945.24, the Russell 2000 rose 6.7%, to 2.52, and the Russell 3000 index of stocks surged 7.5%, to 3,908.07.
The S&ing Index has gained 5.4% this year, and has gained 13.4 points this year.
It is up almost 20% this month and more than 9% for the year.
“The S.&.s 500 Index surged 2.6% today, and was up 9% in the month of June,” the FactSet said.
“Investors have reacted to Trump’s rhetoric on climate and regulatory change with a renewed appreciation in the value of stocks.”
Read more about stocks,stocks markets,economy,s&,united statesThe S, S&am and Dow stocks rose on Friday after President Donald Trump said the US will withdraw from the Paris Climate Accord.
The US stock market, which has been recovering from the Great Recession, has surged more than 8% this century, according the S..&am Index.
The index was up nearly 6% this quarter.
The Nasdaq was up 2.1% and the S & Dow was up 3.2%.
The Russell 2000 index of S&ams stocks was up 5.3%.
“The Trump administration is likely to keep on pushing its agenda in a way that will further undermine the progress of the global effort to limit climate change,” the Dow Jones report said.
“This may further accelerate the pullout, and thus increase the risk of the stock market losing momentum.”
The S &s Dow fell 0.2% to 20,897.09.
The Nikkei 225 fell 0% to 22,567.96.
The FTSE 100 Index lost 0.1%, to 4,846.76.