Stocks and bitcoin soar after Trump's victory, while inflation worries rise; Dow surges 1,200

NEW YORK — The U.S. stock market, Elon Musk’s Tesla, banks and bitcoin are all storming higher Wednesday as investors bet on what Donald Trump’s return to the White House will mean for the economy and world. Among the losers the market sees: the value of the Mexican peso and potentially anyone worried about higher inflation.

The U.S. stock market has historically tended to rise regardless of which party wins the White House, with Democrats scoring bigger average gains since 1945. But Republican control could mean big shifts in the winners and losers underneath the surface, and investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean.

Of course, how much change Trump will be able to effect will likely depend on whether his fellow Republicans win control of Congress, and that’s still to be determined. That could leave room for snaps back in some of Wednesday’s big knee-jerk movements. Nevertheless, the market is cleaving between rather clear winners and losers following Trump’s dramatic win.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Dow fall nearly 400 points, stocks tumble to start week lowerThe S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) both fell by nearly 1% in Monday's session — the latter tumbling 398 points to close the day in...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »

Dow, stocks open session in the red as Nvidia continues runUS stocks (^DJI, ^IXIC, ^GSPC) hover around their flatlines — all flirting with negative territory — at the top of Wednesday's trading session. The tech...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »

Dow leads, stocks mixed at open as banks report Q3 earningsThe Dow Jones Industrial Average (^DJI) is on the path higher, the index rising at Friday's session open as Big Banks kick off the third quarter earnings...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »

S&P 500 and Dow hit record highs as financial stocks surge on strong earningsThe S&P 500 and the Dow Jones Industrial Average reached new highs on Friday, fueled by gains in financial stocks following impressive quarterly reports from major banks. Investors also reacted positively to inflation data indicating a cooling economy, bolstering expectations for a Federal Reserve interest rate cut in November.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Leggi di più »

Dow Jones notches new record, chip stocks leap higherThe Dow Jones Industrial Average (^DJI) closes at yet another record high this week, while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) ended the trading...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »