Wall Street Climbs as Business Activity Boosts Weekly Gains

U.S. stock markets rose on Friday, with all major indexes set for weekly gains, driven by strong economic activity data and optimism about potential lower interest rates and business-friendly policies from the incoming Trump administration. The small-cap Russell 2000 index outperformed, indicating a shift from technology to value stocks. Investors are also anticipating the Federal Reserve's December policy decision, with a 59.6% chance of a rate cut. Despite geopolitical tensions, markets remain calm, awaiting further clarity on Trump's economic policies.