Stocks and bitcoin jump after Trump’s victory. So do worries about inflation as Dow surges 1,500

  • 📰 sdut
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 95%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The expectation is that a victory by Trump will lead to faster economic growth and more market-friendly policies.

People pass the New York Stock Exchange in New York’s Financial District on Tuesday, Nov. 5, 2024. The S&P 500 rallied 2.5% for its best day in nearly two years. The Dow Jones Industrial Average surged 1,508 points, or 3.6%, while the Nasdaq composite jumped 3%. All three indexes topped records they had set in recent weeks. the White House, with Democrats scoring bigger average gains since 1945.

Of course, how much change Trump effects in his second term will likely depend on whether his fellow Republicans win control of Congress, and that’s Bank stocks led the market higher, in part on hopes that a stronger economy would mean more customers getting loans and paying them back with interest. They also rallied on hopes for lighter regulation from a Republican White House. JPMorgan Chase soared 11.

A drop-off in immigration could also mean a crunch of available workers for employers, which could force companies to raise wages for workers faster and put more upward pressure on inflation.heading back down to its 2% target The only stock with a bigger loss in the S&P 500 was Super Micro Computer, which said its sales for the latest quarter could come in below its prior forecast. Its stock sank 18.1%.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 5. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: S&P 500, Dow in fresh record close as Netflix shinesStock market today: S&P 500, Dow in fresh record close as Netflix shines
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Tesla surge lifts Nasdaq; Dow, S&P 500 falter on earnings, rising yieldsTesla surge lifts Nasdaq; Dow, S&P 500 falter on earnings, rising yields
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Dow Jones, Nasdaq, S&P 500 weekly preview: Tech earnings underway, Tesla in focusDow Jones, Nasdaq, S&P 500 weekly preview: Tech earnings underway, Tesla in focus
La source: Investingcom - 🏆 450. / 53 Lire la suite »