The dust has settled on the general election! Wall Street reduces bets on the Fed cutting interest rates and increases bets on the European Central Bank cutting interest rates.
After the results of the USA presidential election were announced, jpmorgan, Nomura, and other Wall Street giants lowered their bets on the Fed cutting interest rates next year. Meanwhile, based on the negative impact on the economy, Goldman Sachs raised expectations for future interest rate cuts by the European Central Bank. The market also shares a similar view.
U.S. stocks closed | The three major indexes surged violently, hitting record highs together! The 'Trump trade' swept the market, with Tesla soaring nearly 15%.
Dow Jones posted its best two-year gain, small cap index rose nearly 6%, banks index surged over 10%, oil, steel, and crypto stocks soared, while European and American solar stocks all plunged, Trump's media technology surged nearly 35% before closing up by about 6%.
Transaction volume TOP20 | Tesla, the first place, surged nearly 15%, with a transaction volume exceeding $47 billion; Amazon rose nearly 4%, its stock price reached a new high, with a transaction volume exceeding $34.8 billion.
On Wednesday, Tesla ranked first in trading volume on the US stock market, soaring by 14.75%, with a trading volume of 47.022 billion US dollars. Nvidia, the second place, rose by 4.07%, with a trading volume of 34.871 billion US dollars. Amazon, ranking third, rose by 3.80%, reaching a new all-time high in stock price, with a trading volume of 14.781 billion US dollars.
Direct hit usa election | Trump officially announced to win the USA election.
The 2024 US presidential election will officially vote on November 5, kicking off a critical battle that will determine the future direction of the United States.
With Trump in office, what will Powell do? Rate cut or slowdown, the next Fed chairman candidate calls for neutrality in leadership.
The most direct way Trump affects the Federal Reserve is by nominating Fed governors. Over the next four years, he can nominate successors to Powell and Vice Chair Quarles. The media reports that Trump may nominate Hassett, his former chief economic advisor during his presidency, as the next Fed chair. If the Fed's vice chair for financial supervision, Randal Quarles, resigns soon, he may directly influence the Fed's financial supervision, even if he cannot directly affect monetary policy.
Trump's victory sparked a frenzy of rotation in US stocks: bank stocks soared, stock indices rose by more than 10%, energy stocks surged, and photovoltaic stocks collapsed.
Benefiting from expectations of relaxed financial regulation, major US banks such as Goldman Sachs, JPMorgan, and Morgan Stanley all rose by more than 10%; renewable energy stocks plummeted, with solar energy stocks like Sunrun falling by at least 10%; Bitcoin hitting a record high drove up the overall crypto concept stocks, with the largest US crypto exchange Coinbase closing up by 31%.
"America First" sweeps Wall Street, the market sees the reemergence of the 2016 strategy.
Trump's return to the White House has given strong impetus to the "America First" trade on Wednesday, as the market bets that the next president will roll out policies to stimulate domestic growth and protect the world's largest economy from overseas competition.
USA Election: The overall situation is settled, what lies ahead?
Trump leads in all 7 swing states. The Republican Party controls the Senate and is highly likely to control the House of Representatives. Such a significant lead indicates a rightward shift in the American political spectrum, with Republican political influence rising. American society may once again shift from 'pursuing fairness' to 'pursuing efficiency.'
Stock Futures Are Little Changed After Major Post-election Rally as Focus Shifts to Fed
IWM ETF Gains 5.8%
IShares Russell 2000 ETF Options Spot-On: On November 6th, 2.5 Million Contracts Were Traded, With 11.46 Million Open Interest
On November 6th ET, $iShares Russell 2000 ETF(IWM.US)$ had active options trading, with a total trading volume of 2.5 million options for the day, of which put options accounted for 53.12% of the
Revolution Medicines GAAP EPS of -$0.94 Misses by $0.04
Shares of Companies Within the Broader Industrial Sector Are Trading Higher After Donald Trump Won the 2024 Presidential Election.
Shares of Construction and Engineering Companies Are Trading Higher After Donald Trump Won the 2024 Presidential Election.
Shares of Companies Within the Broader Technology Sector Are Trading Higher in Sympathy With Overall Market Strength After Donald Trump Was Elected President of the United States.
Shares of Machinery Companies Are Trading Higher. Investors May Be Reacting to the US Presidential Election and Its Impact on the Industry.
Shares of Industrial Distribution Companies Are Trading Higher. Investors May Be Weighing the Potential Impact of Donald Trump's Policies on the Sector.
(FN) - Analyzing Fabrinet's Short Interest
Expected Winners of Trump's Victory – Financials, Oil, Software, Eastern Europe Banks, Crypto
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