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

[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.

Reporter Ryu Hwan-hong reports.

[Reporter]
Expectations that the so-called "Trump Rally" will lead to a "Santa Rally" next month have heated up in the New York Stock Exchange.

The blue-chip Dow rose 0.42% from the previous session and the large-cap S&P 500 rose 0.56% to new all-time highs, respectively.

The tech-heavy Nasdaq composite also rose 0.83%.

[Shawn O'Hara / Pacer ETF Sales Representative: I think there's a lot of expectation for what everyone expects after the election: a new administration that can focus more on business, lower regulations and make the Fed a little more aggressive. So the rally continues.]

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

Bitcoin, a virtual currency leader considered the most representative Trump beneficiary, also rose to $98,750, on the verge of entering the "$100,000."

Market watchers see a cross between the desire to realize gains and expectations for further upside ahead of the psychological high of $100,000.

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.

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.

Amid the sluggish Korean stock market, investor deposits, which are waiting funds for the stock market, have decreased by more than 1 trillion won in a year, reaching 51.6005 trillion won as of the 28th.

I'm YTN's Ryu Hwan Hong.