News - 2024-11-08

Market News Explorer

Stay informed with the latest market news and analysis.

Media outlets on the right said Mr. Trump won because of the left’s embrace of what they called extreme political views. Left-leaning outlets offered a broader variety of explanations.

The progressive dream is dead

Nov 8, 2024, 10:06 AM

Democrats' liberal wing has wrecked the party, and the nation suffers for it.

XLF
XLE

During a news briefing, he was asked if he would resign if Trump demanded it, and Powell simply replied "no."

Tesla surged on Friday, capping a huge week for the EV maker as the stock hit its highest close in over two years. Optimism over CEO Elon Musk’s relationship with President Trump has sent investors into a frenzy, with Tesla’s market cap now topping $1 trillion.

President-elect Donald Trump’s win, coupled with a quarter-point interest rate cut from the Federal Reserve, pushed major stock indexes into record territory.

Tesla surged on Friday, capping a huge week for the EV maker as the stock hit its highest close in over two years. Optimism over CEO Elon Musk’s relationship with President Trump has sent investors into a frenzy, with Tesla’s market cap now topping $1 trillion.

The Dow crossed 44,0000 for the first time ever as stocks were on track for their best week in a year on optimism that President-elect Donald Trump's policies will boost the economy.

TSLA
DJT
ABNB

He introduced ticket prices that couldn’t be beat, but asked fliers to pay extra for nearly everything, including water, carry-ons and printed tickets.

The Dow crossed 44,0000 for the first time ever as stocks were on track for their best week in a year on optimism that President-elect Donald Trump's policies will boost the economy.

TSLA
NVDA
BABA
SPY

Donald Trump's reelection as US president will have significant impact on tech and beyond.

NVDA
TSLA

The UK could face a £22bn hit to its exports if Donald Trump carries out his tariff threats, researchers say.

The Independent Office for Police Conduct will review two cases the Met Police investigated.

Elon Musk was with Donald Trump at Mar-a-Lago when the president-elect spoke with Ukraine’s leader. It is not clear if they discussed any change in U.S. policy toward Ukraine.

AI chipmaker Nvidia has officially joined the Dow Jones Industrial Average, replacing its struggling counterpart Intel.

American voters concerned about the economy and falling behind in their household finances due to growth not keeping pace with high inflation played a major role in the election.

Long-term economic investments in domestic manufacturing were overshadowed by real-time anxiety over rent and grocery prices.

The Dow crossed 44,0000 for the first time ever as stocks were on track for their best week in a year on optimism that President-elect Donald Trump's policies will boost the economy.

NVDA
TSLA
ABNB
QCOM

DJT stock surged after Donald Trump said he would not sell his shares in the company, the home of Trump's social media platform, Truth Social.

American Freight is shuttering all of its locations and kicking off store closing sales as part of Chapter 11 bankruptcy proceedings by its parent company.

Stocks are poised for a downbeat end to a stellar week of gains driven by optimism that President-elect Donald Trump's policies will boost the economy.

SONY
DJT
NVDA

Rivian reported third quarter revenue that missed the mark and a wider-than-expected loss as the pure-play adventure electric vehicle maker was burdened by a supplier parts issue.

Stocks are poised for a downbeat end to a stellar week of gains driven by optimism that President-elect Donald Trump's policies will boost the economy.

SPY
QQQ

Thousands of drivers on ride-hailing and food delivery app Bolt have won a legal claim to be classed as workers.

Workers who are 60 to 63 will be able to put in up to $11,250 in extra contributions, if they can afford it.

(Bloomberg) -- A whopping $20 billion flowed into US equity funds on Wednesday, the day Donald Trump claimed a decisive victory in the presidential election, according to Bank of America Corp. strategists.Most Read from BloombergKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowThat was the biggest daily addition in five months, strategist Michae

SPY
IWM

Stocks are poised for a downbeat end to a stellar week of gains driven by optimism that President-elect Donald Trump's policies will boost the economy.

SPY
FXI
SONY

In a Finnish shipyard, the 250,800-ton sister of Icon of the Seas, the world’s largest cruise ship, is in the final stages of construction. We got an inside look.

Big changes are coming in the next Trump administration. But your investing plans needn’t change, our columnist says.

SPY
XLI

It requested information from a handful of firms that make chip manufacturing possible about their commercial ties to China.

AMAT
LRCX
KLAC

The president-elect is again calling out companies by name in his campaign against what he sees as other countries’ unfair practices.

Here’s what the president-elect has said he might do with your taxes, student loans, Social Security and more.

SPY
XLI

(Bloomberg) -- China announced a 10 trillion yuan ($1.4 trillion) program to refinance local government debt, as Beijing rolls out more measures to support a slowing economy facing new risks from the reelection of Donald Trump.Most Read from BloombergKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowChina will raise local governments’ debt ceilin

The toy retailer says higher costs have hit expansion and led to a hiring freeze at its head office.

The competition watchdog says the baby milk market needs to change after its report raised concerns.

The enormous support package came after a series of smaller measures in recent weeks were announced to jump-start growth in China’s sluggish economy.

FXI
MCHI

(Bloomberg) -- After an initial stampede into “Trump Trades,” investors in some asset classes are tapering their enthusiasm as they question whether Donald Trump will push through his ambitious tariff proposals as US president.Most Read from BloombergKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowThe dollar reversed much of its post-election s

IWM
XLC

The prospect of higher tariffs under President-elect Trump spurred the company to accelerate its plan to shift where its shoes are made.

It is the first time the managing director of the luxury store has personally apologised on camera.