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Showing posts with the label 2024 election

Tesla, Nvidia & More: Looking at Biggest Stock Risers After Trump Win

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The historic 2024 election saw an equally historic reaction from Wall Street as the US has decided its commander-in-chief for the next four years. Moreover, with plenty of companies surging in value, Tesla (TSLA), Nvidia (NVDA), and others emerge as the biggest stock winners after Donald Trump’s election win. Elon Musk and the EV manufacturer emerged as key winners after Trump’s victory. Musk had been closely connected to the campaign and is expected to hold a small position within the incoming administration. Not just Tesla, the billionaire was part of the top 10 that saw their net worth jump by $64 billion post-election. So, what stocks got a similar boost? Also Read: US Stock Market: How it Responded to Donald Trump’s 2024 Election Win Tesla & Nvidia Lead Stock Winners as Trump is Set to Return to the White House The United States stock market is currently surging from the results of the 2024 presidential election. Indeed, the country has seen the economic sector respond ...

US Stock Market: How it Responded to Donald Trump’s 2024 Election Win

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After a historic election season, Donald Trump has once again emerged as the country’s commander-in-chief. Beating out current vice president Kamala Harris, the race provided a wide gap in both candidates, as all eyes now turn to what the next four years could look like. In the immediate aftermath, however, we break down how the US stock market reacted to Donald Trump’s 2024 election win. The victory couldn’t have occurred at a better time. Earlier this week, inflation figures were reported at 2.1%, just hovering above the Federal Reserve’s target. Moreover, with interest rate cuts expected, there is a bullish sentiment beginning to form around the country’s economic standing. That should have had a direct impact on the country’s stock market. Dow Jones Soars After Trump Election Win Source: CNBC Also Read: Nivida (NVDA) Boots Intel (INTC) From Dow Jones Index After 25 Years The 2024 presidential election outcome proved to be massive for the Dow Jones. Indeed, it led the way...