Stock market today: Dow, Nasdaq, S&P 500 all soar to records after Trump triumphs in election
Published On Nov 6, 2024, 5:06 PM
The Dow, Nasdaq, and S&P 500 indices hit record highs today following the election victory of former President Donald Trump. This unexpected political outcome has boosted investor confidence and led to significant gains across major stock indices as market participants anticipate favorable economic policies.
Stock Forecasts
SPY
Positive
The political landscape is a key driver of market sentiment, and Trump's victory may lead to increased fiscal policies that could stimulate further economic growth. This is likely to benefit industries such as healthcare, technology, and energy.
Related News
Will Trump victory spark global trade war?
Nov 6, 2024, 7:01 PM
Trump has promised tariffs on all foreign goods. If he follows through, many smaller economies may be forced to respond in kind.
Stock futures are little changed after major post-election rally as focus shifts to Fed: Live updates
Nov 6, 2024, 6:01 PM
The three major indexes saw major gains on Wednesday.
Who might Trump pick to serve as Treasury secretary?
Nov 6, 2024, 5:20 PM
President-elect Trump will soon begin announcing nominees to key cabinet positions, and his Treasury secretary pick will play a key role in advancing his economic agenda.