November saw a sharp rise in global and U.S. equities thanks to several positive news events, including COVID-19 vaccine trials. The MSCI World Index was up 12.21%, and the pan-European Stoxx 600 index was up 16.74%. In the U.S., the Dow Jones gained 11.84% for its biggest monthly gain since 1987, the S&P 500 rose 10.75%, and the Nasdaq Composite was up 11.8% (Source: Bloomberg). This week, U.S. stocks looked past a disappointing jobs report and headed for records on the hopes of additional fiscal stimulus coming through Washington, D.C.