Futu Morning Post | Trump's trades sweep the market! Three major indices hit historical highs together; with the election settled, Wall Street adjusts down the expectations for Fed rate cuts.
First European Central Bank official to speak out after Trump's victory: closely watching, inflation may face huge impact; mortgage rates soaring along with US bonds, reaching the highest level since early July this year; jefferies financial: the pace of implementation of Trump's policies will dominate the future trend of the US dollar.
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%.
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.'
Fed's Confidence in Flagging Rate Cuts 'Might Wane' as Trump's Economic Impact Unfolds
Mortgage loan interest rates surged along with the U.S. Treasury yields, reaching the highest level since early July this year.
Trump's victory has pushed up the u.s. 10-year treasury notes yield, and related mortgage rates have also risen accordingly.
IShares 20+ Year Treasury Bond ETF Options Spot-On: On November 6th, 1.39 Million Contracts Were Traded, With 6.25 Million Open Interest
On November 6th ET, $iShares 20+ Year Treasury Bond ETF(TLT.US)$ had active options trading, with a total trading volume of 1.39 million options for the day, of which put options accounted for 35.51%