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Real Estate Stocks Advance on Rate Cut, Election Results Not-so-positive
This week's US stock market bull stocks | AI "demon stocks" reappear! Advertising giant Applovin, software giant palantir jointly hit new highs; Trump elected, who earns the most from Musk? Tesla soared nearly 20% this week.
This week, the Dow Jones Industrial Average rose by 3.99% to 43,729.34 points; during the same period, the S&P 500 index rose by 4.26% to 5973.1 points; the NASDAQ index rose by 5.64% to 19,269.46 points during the same period.
$100 Invested In American Tower 20 Years Ago Would Be Worth This Much Today
The market's answer to "Trump 2.0": big winners include Tesla, the financial industry, and the oil & gas sector, while big losers are new energy funds, the shipping industry, and European autos.
Tesla soared nearly 15%, reaching the highest level since July 2023, with Elon Musk's personal wealth increasing by $15 billion overnight; benefiting from expectations of relaxed regulations, the financial industry surged, with the KBW Nasdaq Banks Index rising by 10.7%; industries such as wind energy, autos, and shipping in Europe affected by tariffs plummeted, while the surging yields severely hit the real estate sector.
BofA Securities Maintains American Tower Corp(AMT.US) With Buy Rating
American Tower (AMT) Gets a Buy From Bank of America Securities
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