U.S. equities closed out November on a positive note last week despite some concerns that U.S. support for Hong Kong’s anti-Beijing protesters could negatively impact trade negotiations between the U.S. and China.

U.S. stock indexes finished slightly lower last week, snapping a six-week streak of consecutive gains, amid a lack of any notable directional drivers.

U.S. equities moved broadly higher for the sixth consecutive week, the longest positive streak in about 2 years, according to FactSet.

U.S. equities continued to surge higher this past week as investors shifted out of safe haven assets like U.S. Treasury bonds in favor of riskier assets driven by optimism on trade negotiations between the U.S. and China and receding fears of a near-term economic recession.

Despite some continued weakness in U.S. manufacturing activity, U.S. equity markets broadly surged higher this past week boosted by better than expected GDP growth, employment numbers, and corporate earnings results and further accommodation in monetary policy as the Federal Reserve cut interest rates for the third time this year.