Stock market today: Dow, S&P, Nasdaq futures jump as Trump gains election edge
Published On Nov 5, 2024, 11:42 PM
Futures for the Dow Jones, S&P 500, and Nasdaq have risen significantly following indications that former President Donald Trump is gaining traction in the 2024 presidential race. This development is causing optimism in the stock market as investors anticipate potential tax cuts and deregulation policies that could benefit businesses if Trump were to win.
Stock Forecasts
XLF
Positive
Given Trump's favorable survey results, companies in sectors like finance, energy, and consumer discretionary might see increased investor interest due to expected policy changes.
XLI
Positive
Investors should also consider ETFs focused on infrastructure or manufacturing, as these sectors could benefit from the anticipated economic policies.
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