Markets close at record highs as Trump is reelected
1 month, 2 weeks ago

Markets close at record highs as Trump is reelected

CNN  

New York CNN — US stocks rocketed higher Wednesday following a decisive and consequential victory for former President Donald Trump in Tuesday’s US presidential election. JPMorgan analysts predicted in a report ahead of Tuesday’s election result that under a “red wave,” stocks stood to gain through the end of 2024, but “the uncertainty around policy execution would become more prominent in 2025.” However, markets and the economy have generally performed better under Democratic presidents — though stocks have boomed regardless of which party controls the White House. … The initial reaction to a Trump administration is met with enthusiasm that may be temporary.” What Trump means for business and you Trump has advocated for policies, including tax breaks and increased public spending, that could pose problems for the economy and significantly increase America’s budget deficit. “With higher tariffs, the Fed will not be in a position to cut rates even if the economy is slowing down — and that is a toxic mix for fixed income,” said Andrzej Skiba, head of BlueBay US Fixed Income at RBC Global Asset Management, noting that bonds could continue to struggle.

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History of this topic

US stock market surges to record high despite Trump’s tariff threats
3 weeks, 6 days ago

US stock market surges to record high despite Trump’s tariff threats

Al Jazeera  

The S&P 500 rises 0.57 percent after US president-elect’s tariff announcements roil European and Asian markets. US stocks have hit record highs despite United States President-elect Donald Trump’s pledge to impose sweeping tariffs that threaten to upend international trade. Some big-name individual stocks fell, including General Motors and Ford Motor, both of which import vehicles from Mexico, a target of …

Stocks fall as rally stalls, yields climb on Trump policy worry
Trending News
1 month, 1 week ago

Stocks fall as rally stalls, yields climb on Trump policy worry

Live Mint  

By Chuck Mikolajczak NEW YORK -A gauge of global stocks fell on Tuesday after five straight sessions of gains while the dollar hit its highest level in over four months as investors assess the impact of U.S. President-elect Donald Trump's likely policies on growth and inflation. But concerns that Trump's policies could rekindle inflation after a long battle to reduce …

Stock market today: Wall Street drifts lower as the Trump trade cools
1 month, 1 week ago

Stock market today: Wall Street drifts lower as the Trump trade cools

Associated Press  

NEW YORK — U.S. stocks drifted lower Tuesday as momentum cooled for the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. Stocks had been broadly rising since last week on expectations that Trump’s preference for lower tax rates and other policies may mean faster economic growth, as well as bigger U.S. government debt and higher inflation. …

Wall Street drifts lower after post-election surge
1 month, 1 week ago

Wall Street drifts lower after post-election surge

LA Times  

A pair of traders work in their booth on the floor of the New York Stock Exchange. U.S. stocks drifted lower Tuesday as momentum cooled for the torrid “Trump trade” that swept Wall Street after Donald Trump’s presidential victory. Stocks had been broadly rising since last week on expectations that Trump’s preference for lower tax rates and other policies may …

Wall Street continues to roll higher in wake of Trump victory
1 month, 1 week ago

Wall Street continues to roll higher in wake of Trump victory

LA Times  

U.S. stocks rose Monday, led by those seen as benefiting the most from Donald Trump’s election as president, but drops for some high-profile Big Tech stocks kept indexes in check. Several pieces of what’s known as the “Trump trade” also helped drive the market, as investors try to identify which companies will be winners under a second Trump term. Stocks …

Stock market today: Wall Street cruises to more records as it closes its best week in a year
1 month, 2 weeks ago

Stock market today: Wall Street cruises to more records as it closes its best week in a year

Associated Press  

NEW YORK — U.S. stocks cruised to more records as they closed their best week in a year on Friday. The relatively quiet trading followed huge gains earlier in the week after Donald Trump won the presidential election and the Federal Reserve cut interest rates again to make things easier for the economy. Digital pinboard and shopping site Pinterest slid …

Markets just had their best week all year
1 month, 2 weeks ago

Markets just had their best week all year

CNN  

New York CNN — US stocks closed at record highs on Friday, notching their best week all year after Donald Trump’s victory in the US presidential election. Markets had a milestone week as investors adjusted to Trump’s victory and started to evaluate the policies touted by his campaign, such as his proposal to lower the corporate tax rate. Initial market …

Wall Street cruises to more records as it closes its best week in a year
1 month, 2 weeks ago

Wall Street cruises to more records as it closes its best week in a year

LA Times  

Trader William Lovesick, left, and specialist James Denaro work on the floor of the New York Stock Exchange on Friday. The relatively quiet trading followed huge gains earlier in the week after Donald Trump won the presidential election and the Federal Reserve cut interest rates again to make things easier for the economy. Digital pinboard and shopping site Pinterest slid …

Stocks Hold Trump Election Gains as Dollar Eases: Markets Wrap
1 month, 2 weeks ago

Stocks Hold Trump Election Gains as Dollar Eases: Markets Wrap

Live Mint  

US equity futures maintained their post-Election Day gains and the dollar eased as traders continued to map out Donald Trump’s return to the White House and what it holds for the Federal Reserve’s interest-rate path. “What we saw yesterday was the playbook of the Trump trade in action but it’s soon going to evolve,” said Arnaud Girod, head of economics …

Donald Trump’s victory triggers rally in bank stocks; Tesla soars 15%, Trump Media shares triple in value since Sept
1 month, 2 weeks ago

Donald Trump’s victory triggers rally in bank stocks; Tesla soars 15%, Trump Media shares triple in value since Sept

Live Mint  

Donald Trump's second victory in the US Presidential Elections in 2024 boosted equity markets on Wednesday, November 6, driven by bets on lower corporate tax rates, favourable tariffs, and deregulation, lifting shares of banks, locally focused small-cap companies, and Trump-related stocks. Follow Live Updates: US Election Results 2024 LIVE: Harris concedes 2024 race, congratulates Trump Wall Street Today: Trump-related stocks …

Wall Street cheers Donald Trump’s re-election; S&P 500, Nasdaq, Dow Jones hit record high
1 month, 2 weeks ago

Wall Street cheers Donald Trump’s re-election; S&P 500, Nasdaq, Dow Jones hit record high

Live Mint  

On Wall Street the S&P 500, the Nasdaq and the Dow Jones rose to all-time highs on Wednesday as Donald Trump won the 2024 US presidential election. The Dow Jones Industrial Average rose 1,450.11 points, or 3.43 per cent, to 43,671.12, the S&P 500 advanced 138.27 points, or 2.39 per cent, to 5,920.87 and the Nasdaq Composite gained 514.26 points, …

U.S. Presidential elections: Sensex surges 901 points as Trump claims victory
Trending News
1 month, 2 weeks ago

U.S. Presidential elections: Sensex surges 901 points as Trump claims victory

The Hindu  

Benchmark stock market indices surged over 1% on Wednesday bolstered by the potential victory of Donald Trump in the U.S. Presidential election. The potential verdict for Mr. Trump boosted US stock futures, leading to short covering in other markets,” Shrikant Chouhan, Head Equity Research, Kotak Securities said. Vinod Nair, Head of Research, Geojit Financial Services said, “The global markets experienced …

Tesla shares surge 14% in premarket trading as Donald Trump claims US election win, hails ’super genius’ Elon Musk
1 month, 2 weeks ago

Tesla shares surge 14% in premarket trading as Donald Trump claims US election win, hails ’super genius’ Elon Musk

Live Mint  

Shares of billionaire Elon Musk's Tesla surged 14.62 per cent to $288.38 as of 5:24 a.m. in the pre-market trading session on Wednesday, November 6, with the expectation of a win for Republican candidate and former US President Donald Trump. The shares started gaining momentum after Donald Trump appreciated Elon Musk at an election party in West Palm Beach, Fla., …

Stock market soars as Trump declares victory
1 month, 2 weeks ago

Stock market soars as Trump declares victory

The Independent  

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Trump Media share price surge 40% overnight on Robinhood amid speculation of Donald Trump’s election win
1 month, 2 weeks ago

Trump Media share price surge 40% overnight on Robinhood amid speculation of Donald Trump’s election win

Live Mint  

Shares of Trump Media & Technology Group, the social media company founded by former U.S. President Donald Trump, surged as early results from the U.S. presidential election began to roll in. Trump Media & Technology Group Corp.'s stock is often seen by investors as a barometer for Donald Trump’s political prospects, especially as he seeks re-election in a closely contested …

Market rebound in sight as Donald Trump leads in US presidential race
1 month, 2 weeks ago

Market rebound in sight as Donald Trump leads in US presidential race

Live Mint  

MUMBAI : Indian markets are poised to rebound from recent lows, with Donald Trump projected to win the 2024 US elections. "A Trump win could boost sentiment in the very near term, but that won't be a long-lasting move, at best a week or 10 days before fundamentals take over," said ace investor Shankar Sharma. The market cap of 5,525 …

Markets see modest "Trump trades" as election results start to trickle in
1 month, 2 weeks ago

Markets see modest "Trump trades" as election results start to trickle in

Live Mint  

Nov 5 - Republican Donald Trump won Indiana, West Virginia and Kentucky in Tuesday's presidential election while Democrat Kamala Harris captured Vermont, Edison Research projected, as polls closed in the first six U.S. states including the critical state of Georgia. MARKET REACTION * S&P 500 e-mini futures rose 0.44% as early results came in * The yield on the 10-year …

S&P 500, Dow open at record high as Donald Trump wins; Tesla shares jump 13%
1 month, 2 weeks ago

S&P 500, Dow open at record high as Donald Trump wins; Tesla shares jump 13%

India Today  

US markets opened at record highs on Wednesday as Donald Trump secured the 2024 presidential election, returning to the White House four years after his previous term. Tesla shares saw a sharp jump, climbing over 13% to $284.70, as investor sentiment rallied around CEO Elon Musk’s outspoken support for Trump’s campaign. Ahead of the market open, S&P 500 and Dow …

Bloomberg Surveillance 11/06/2024
1 month, 2 weeks ago

Bloomberg Surveillance 11/06/2024

Bloomberg  

00:00 JONATHAN: THERE ARE SOME PEOPLE WHO HAVE NOT GONE HOME SINCE YESTERDAY MORNING. VICE PRESIDENT HARRIS WAS NOT ABLE TO DO THAT AND NOT ABLE TO OVERCOME DONALD TRUMP'S ADVANTAGE ON THE ECONOMY AND IMMIGRATION AND SHE WILL HAVE TO FACE THAT AND VOTERS ACROSS THE COUNTRY AND WOMEN VOTERS WILL HAVE TO FACE THE FACT THAT WE ARE …

Markets rise on U.S. presidential election's outcome
1 month, 2 weeks ago

Markets rise on U.S. presidential election's outcome

NPR  

Markets rise on U.S. presidential election's outcome U.S. stock markets were poised to soar on Wednesday after former President Donald Trump claimed victory in the presidential race. Elon Musk, an outspoken Trump supporter, saw Tesla shares rise by more than 12% in pre-market trading. The company, which reflects Trump’s Truth Social platform, had seen its DJT stock hammered on Tuesday, …

The Dow Jones jumps over 1,300 points after Trump wins the election
1 month, 2 weeks ago

The Dow Jones jumps over 1,300 points after Trump wins the election

NPR  

The Dow Jones jumps over 1,300 points after Trump wins the election toggle caption Spencer Platt/Getty Images/Getty Images North America Wall Street investors are cheering former President Trump's return to the White House. The Dow Jones Industrial Average rose more than 1,300 points soon after the open, or more than 3%, just hours after Trump won the presidential election over …

DJT: Trump’s social media stock spikes after victory, making him $1 billion richer
Trending News
1 month, 2 weeks ago

DJT: Trump’s social media stock spikes after victory, making him $1 billion richer

CNN  

New York CNN — Donald Trump didn’t just win the White House. Truth Social owner Trump Media & Technology Group, Trump’s social media company, is skyrocketing in value this morning after CNN and other media outlets projected Trump won the election. Trump Media’s stock, which trades under the ticker symbol “DJT,” spiked 35% in premarket trading, implying an astounding market …

Trump US presidential election win sparks big rally in stocks
1 month, 2 weeks ago

Trump US presidential election win sparks big rally in stocks

Al Jazeera  

Donald Trump’s return as president of the United States for the second time has boosted equity markets on bets of lower corporate tax, favourable tariffs and deregulation, lifting shares of banks, locally focused small-cap companies and Trump Media. “Business animal spirits could be rekindled once again from Trump’s pro-business approach which could lead to a more robust capital expenditures and …

Trump's historic victory brings storm into market: Stocks, bond yields, bitcoin witnesses phenomenal surge
1 month, 2 weeks ago

Trump's historic victory brings storm into market: Stocks, bond yields, bitcoin witnesses phenomenal surge

India TV News  

New York: The US stock market, Elon Musk’s Tesla, banks and bitcoin are storming higher as investors bet on what Donald Trump’s return to the White House will mean for the economy and world. Stock prices, bond yields and cryptocurrencies like bitcoin surged in the US on Wednesday as voters returned former President Donald Trump to the White House and …

Trump Media Posts Lackluster Quarterly Sales as Losses Pile Up
1 month, 2 weeks ago

Trump Media Posts Lackluster Quarterly Sales as Losses Pile Up

Live Mint  

Donald Trump’s media company continued to lose money in the third quarter as revenue trickled in during the months ahead of Tuesday’s election. Trump Media & Technology Group Corp., which was worth $7.4 billion at Tuesday’s close, reported a net loss in the three months ending Sept. 30 of $19.2 million and net sales of just over $1 million, a …

Trading in Trump’s media stock repeatedly halted on election day after sudden loss
Trending News
1 month, 2 weeks ago

Trading in Trump’s media stock repeatedly halted on election day after sudden loss

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} The …

Trump Media’s Watershed Moment Arrives as Voters Hit Polls
1 month, 2 weeks ago

Trump Media’s Watershed Moment Arrives as Voters Hit Polls

Live Mint  

The case for owning shares in Trump Media & Technology Group Corp. boils down to the political fortunes of its namesake. If Trump were to lose I’d anticipate a pretty big drop in share price.” Trump Media shares more than doubled in October as betting markets showed gamblers favored the Republican, even as high-quality polling showed little change from the …

Trump Media stock jumps 15% on Election Day as betting market hints at a Trump win
1 month, 2 weeks ago

Trump Media stock jumps 15% on Election Day as betting market hints at a Trump win

Live Mint  

Trump Media & Technology Group Corp., the parent company of the former president's Truth Social platform, jumped more than 15 per cent on Tuesday as voters head to the polls. Trump Media has swung wildly in recent months as it loosely tracked election betting markets ahead of the US presidential election. Trump Media shares more than doubled in October as …

Trump's Social Media Stock Soars as Election Looms
Trending News
1 month, 2 weeks ago

Trump's Social Media Stock Soars as Election Looms

CNN  

Trump's social media company, Truth Social, is experiencing a surge in popularity as the United States approaches the polls. Shares of the company have gained 13% on Tuesday morning, representing a rebound from recent losses. This surge has been attributed to the upcoming election and the potential impact it could have on the outcome of the White House race. However, …

Trump loses more than $1 billion in net worth in two-day Truth Social parent company stock tumble
1 month, 3 weeks ago

Trump loses more than $1 billion in net worth in two-day Truth Social parent company stock tumble

Salon  

Former President Donald Trump's net worth has plunged by more than $1 billion this week, triggered by a stock crash at Truth Social parent company Trump Media & Technology Group. The shares, representing a company that boasted an annual revenue of just $4.1 million last year, have acted as a speculative vehicle for Trump's prospects, with the presidential nominee holding …

Trump's China Mania: A Stock Riding the Wave of a Potential Election Win
1 month, 3 weeks ago

Trump's China Mania: A Stock Riding the Wave of a Potential Election Win

Hindustan Times  

Chinese investors are jumping into a stock that's all about celebrating a win for Trump. The shares of Wisesoft Co., a company from Shenzhen that makes software for air traffic control, have skyrocketed by the daily limit for three days straight, buoyed by its Chinese name, “Chuan Da Zhi Sheng,” or “Trump wins big.” This comes on the heels of …

Trump Media shares halted five times on Tuesday morning amid volatile trading
1 month, 3 weeks ago

Trump Media shares halted five times on Tuesday morning amid volatile trading

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors …

Stocks Continue Winning, But Concerns Remain
2 months ago

Stocks Continue Winning, But Concerns Remain

Associated Press  

U.S. stocks continued their winning streak with the S&P 500 and Dow Jones both closing at record highs. Netflix's strong earnings helped drive the market, while CVS Health's profit outlook and leadership changes weighed on the Dow. American Express's profit fell short of expectations, while oil prices tumbled as concerns about the strength of demand from China eased. Intuitive Surgical's …

Trump media plummets to new lows, ex-president can now sell shares of DJT
3 months ago

Trump media plummets to new lows, ex-president can now sell shares of DJT

Hindustan Times  

Shares of Trump Media & Technology Group Corp. slumped to their lowest level ever at the opening bell Friday, the first day that its biggest shareholder, former President Donald Trump, is free to sell his stake in the company behind the Truth Social platform. Trump owns nearly 115 million shares of the company, according to filings with the Securities and …

Trump Media stock jumps after former president says he won’t sell shares when lockup expires
3 months, 1 week ago

Trump Media stock jumps after former president says he won’t sell shares when lockup expires

Associated Press  

NEW YORK — Shares of Trump Media & Technology Group Corp. jumped Friday after former President Donald Trump said he won’t sell shares of the social media company. Trump owns nearly 115 million shares of the company, according to a recent filing with the Securities and Exchange Commission. The former president can start selling shares of Trump Media, the parent …

Truth Social stock plunges by more than 15 percent after widely panned Trump debate
3 months, 1 week ago

Truth Social stock plunges by more than 15 percent after widely panned Trump debate

Raw Story  

Shares in former President Donald Trump's Trump Media and Technology Group, the parent company of his Truth Social network, took a nosedive in early trading on Wednesday, plunging by more than 15 percent shortly after the opening bell on Wall Street. The dive in Truth Social shares came after Trump delivered a widely criticized debate performance against Vice President Kamala …

Shares in Trump's media company have plummeted 74% since their peak this spring
3 months, 2 weeks ago

Shares in Trump's media company have plummeted 74% since their peak this spring

Salon  

Trump Media & Technology Group, the social media company that owns Truth Social and is itself majority-owned by one of its most avid users, former President Donald Trump, reached its peak value in March after merging a with publicly traded shell company. Trump, who owns 115 million shares, about 60% of the company, saw his Trump Media stake reduced in …

Trump’s Truth Social parent company stock price falls to all-time low
3 months, 2 weeks ago

Trump’s Truth Social parent company stock price falls to all-time low

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Stock in Donald Trump’s media company hit its lowest level …

Truth Social stock has lost more than 40 percent of its value in just over a month
3 months, 3 weeks ago

Truth Social stock has lost more than 40 percent of its value in just over a month

Raw Story  

Shares in the Trump Media and Technology Group Corporation have continued their downward spiral and now stand at their lowest value since shares became publicly traded. As USA Today notes, Trump Media shares closed at a record low of $20.99 per share on Tuesday -- and have since sunk lower and are trading in the $19 range as of this …

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower
3 months, 4 weeks ago

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower

Associated Press  

The Dow Jones Industrial Average climbed to an all-time high, even as big tech companies weighed on the broader market, leading U.S. stock indexes to a mixed finish on Wall Street. The stock market is coming off a two-week winning streak that’s helped keep the S&P 500 and Dow within striking distance of notching new highs. Monday’s mixed market finish …

Trump Media made deal that could secure major financial windfall for the GOP candidate
5 months, 1 week ago

Trump Media made deal that could secure major financial windfall for the GOP candidate

Raw Story  

ProPublica is a Pulitzer Prize-winning investigative newsroom. “The Company entered into the Standby Equity Purchase Agreement,” Trump Media & Technology Group, the company behind Trump’s Truth Social platform, said in a filing. “These outlandish and nonsensical conspiracy theories about TMTG’s routine, transparent business practices constitute legally actionable defamation, and we will take legal action in response,” a Trump Media spokesperson …

Trump Media, gun stocks surge after assassination attempt
5 months, 1 week ago

Trump Media, gun stocks surge after assassination attempt

Al Jazeera  

Markets are betting on Donald Trump returning as president in the upcoming US elections. Crypto stocks, gun stocks and shares of other companies that could benefit from a Donald Trump presidency are up after an assassination attempt on the Republican candidate boosted expectations he would win the November election. Shares of Trump Media & Technology Group, majority-owned by Trump, soared …

Trump media shares soar on reelection bid boost
5 months, 1 week ago

Trump media shares soar on reelection bid boost

LA Times  

The Truth Social account for Donald Trump is shown on a mobile device. Shares of Trump’s media company surged in early trading Monday after a failed assassination attempt on the former president over the weekend. The shares of Donald Trump’s media company surged in early trading Monday after a failed assassination attempt on the former president over the weekend boosted …

Trump Media shares drop after initial rally on Biden’s shaky debate performance
5 months, 3 weeks ago

Trump Media shares drop after initial rally on Biden’s shaky debate performance

Live Mint  

June 28 - Shares of Trump Media & Technology Group fell in choppy trading on Friday, erasing earlier gains driven by President Joe Biden's shaky performance against Republican rival Donald Trump at the first 2024 U.S. presidential debate. TMTG shares have been volatile all year, as the stock is mostly driven by retail traders amid Trump's quest to return to …

Shares of Trump Media swing wildly after first US presidential debate, fall 10%
5 months, 3 weeks ago

Shares of Trump Media swing wildly after first US presidential debate, fall 10%

Associated Press  

Trump Media fell more than 10% Friday after the first U.S. presidential debate, demonstrating another of the wild swings that have made its stock one of the more volatile on Wall Street. President Joe Biden and former President Donald Trump clashed Thursday evening on topics including abortion, immigration and the Jan. 6, 2021 attack on the U.S. Capitol. Citi analysts …

Trump Media stock sinks near all-time low as SEC declaration may dilute existing holders
6 months ago

Trump Media stock sinks near all-time low as SEC declaration may dilute existing holders

Hindustan Times  

Trump Media & Technology Group Corp. sank in late trading after the US Securities and Exchange Commission declared effective a regulatory filing that could dilute shareholders. Trump Media, which owns Truth Social, has been volatile since going public earlier this year with the stock soaring as high as $79.38 in the days after its debut before sinking as low as …

Trump Media in spiral as it plunges to lowest level in months: report
6 months, 1 week ago

Trump Media in spiral as it plunges to lowest level in months: report

Raw Story  

Trump's media company is losing stock value yet again. Trump Media and Technology Group, formed by a merger with the "blank check" firm Digital World Acquisition Corp., manages Trump's Truth Social platform, a barebones social media site mainly used by Trump himself to make stream-of-consciousness posts known as "Truths." In recent weeks, the stock price of Trump Media, had been …

Stock market today: Wall Street coasts to the finish line of another winning week
7 months, 2 weeks ago

Stock market today: Wall Street coasts to the finish line of another winning week

Associated Press  

NEW YORK — U.S. stocks coasted to the close of another winning week on Friday. AP AUDIO: Stock market today: Wall Street coasts toward the close of another winning week AP business correspondent Seth Sutel reports. “That mood can change quickly.” Last week, Federal Reserve Chair Jerome Powell helped pull yields lower after saying the central bank remains closer to …

Trump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks
7 months, 3 weeks ago

Trump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks

Associated Press  

WASHINGTON — Former President Donald Trump has secured an additional $1.6 billion worth of shares in Trump Media, according to a regulatory filing this week. Based on the company’s stock hitting certain price benchmarks, Trump was awarded an additional 36 million shares in the company that owns his social media platform Truth Social. For now, the value of those shares …

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