stocks

In apparent response to the GOP wins, small-cap stocks, along with financial and traditional energy sectors — including oil, gas and coal — performed particularly well following the election and may continue to benefit from anticipated new policies, such as corporate tax cuts, reduced regulatory oversight for financial institutions and fewer environmental restrictions on fossil fuel production.

Technology stocks, in particular, are expected to drive future gains, fueled by growth potential in artificial intelligence.

The Dow Jones Industrial Average, the S&P 500 and the tech-focused Nasdaq Composite closed at record highs last week, with most stocks edging upward this week following a pause on Tuesday.

Since the beginning of the bull market in late 2022, the market has grown 70%, meaning many stocks are now trading at premiums, which could make further growth in its third year more challenging, he added.

This sometimes means investing in things like US stocks and shunning the UK investment which the government is keen on.