US stocks skyrocketed on Wednesday, following former President Donald Trump's victory in the US presidential election. The Dow Jones Industrial Average jumped by a massive 1, 507 points, or 3. 57%, to hit a new all-time high. This surge was the first time the Dow has gained more than 1, 000 points i
Tuesday night was an exciting time for investors. Futures on the Dow and S&P 500 climbed, and Bitcoin hit a new peak as early results from the U. S. presidential election rolled in. The U. S. dollar index also reached its highest level since July. Cryptocurrencies, often linked to former President T
Donald Trump's victory in the presidency has led to a surge in stocks for certain businesses, many of which have been controversial. Let's start with Donald Trump's own business, Trump Media & Technology Group. Its stock crashed as the election results were coming in, but it rebounded strongly once
As the nation cast their votes on Election Day, shares of Trump Media & Technology Group, the company behind social media platform Truth Social, saw a significant boost. On Tuesday, the stock price jumped by 15%, starting the day at $37. 52 and touching a high of $40. 74 before settling around $39.
Investors are on the edge of their seats as the U. S. presidential election results keep them guessing. With vote counting still ongoing, stock prices around the world saw a boost. The S&P 500 was up by 1. 2%, with a similar rise for the Dow Jones Industrial Average. Bitcoin also joined the party, s
Warren Buffett, the chairman of Berkshire Hathaway, has been shedding shares of Apple and Bank of America, but there are three stocks he's holding onto for the long haul. These stocks, which he calls "truly wonderful" businesses, have unique advantages that make them stand out. American Express, a
History shows that stocks usually go up after a U. S. presidential election. But don't expect a smooth ride right away. The day and week after the election, stocks often drop a bit. Don't worry, though, because they usually bounce back within a month. Let's look at some past elections. In 2020, the
Have you ever wondered if the stock market can predict who will win the next presidential election? Well, according to something called the "Presidential Predictor, " the answer might be yes! This predictor looks at how the S&P 500 index performs in the three months before the election. If it goes u
On Monday, the market showed signs that could suggest some investors believe Vice President Kamala Harris might become the next president. CNBC's Jim Cramer explained that while the polls are close, some traders think Harris could pull off a win. They might be reacting to a surprising poll from Iowa
Nvidia is soon to join the Dow Jones Industrial Average, and it's making waves. The chipmaker, known for its AI prowess, has surged in market value, even outpacing tech giants like Microsoft and Apple. But what does this mean for the Dow? Unlike other indices, the Dow is price-weighted, so it's all
