The 'Trump trade' remains popular, with the s&p 500 breaking through 6000 points for the first time, while Tesla surged by 9%.
As the USA stock market continued to rise after the election, the Dow Jones Industrial Average surged over 300 points on Monday, closing above 44,000 points for the first time, setting a new historical high. The Dow rose 304 points to 44,293.69, a gain of 0.69%. The s&p 500 index rose 0.1%, closing at 6,001.35, surpassing 6,000 points for the first time, setting a new historical high. However, the nasdaq composite index hovered near the flat line, rising 0.06% to 19,298.76 points. JPMorgan and
Sector Update: Financial Stocks Gain Late Afternoon
Trump reportedly plans to narrow the range of Treasury Secretary candidates this week, with candidates from a Wall Street background taking the lead.
①According to media reports citing sources, usa President-elect Trump plans to narrow down the range of candidates for Treasury Secretary within this week, and is inclined to choose someone with a Wall Street background for this important position; ②After winning the US presidential election, there is close attention from the public on how he will form the cabinet for his second term. Treasury Secretary and Secretary of State are usually the positions where the US President prioritizes the selection of candidates.
Goldman Sachs: Trump's 'Super Week' ends, the US stock market will enter a rotation market.
Goldman Sachs traders expect that after the trading market driven by the US election ends, the forecast rotation pressure will continue to be a significant feature of the market, as investors put money into smaller market cap companies and seek opportunities in cyclical/inflation themes.
Shares of Banks and Financial Services Stocks Are Trading Higher. The Sector Has Gained Amid the 2024 US Presidential Election Results.
US stocks early trading | Dow rose more than 1%, Salesforce rose more than 4%; 'Trump trade' continues to be hot, concept stock Coinbase rose more than 17%, Tesla rose more than 6%
On the evening of the 11th peking time, US stocks opened higher on Monday. The main stock indexes are trying to continue last week's uptrend. Bitcoin broke through $82,000. The market is focusing on the composition of the next US government and the monetary policy outlook of the Federal Reserve.