{"id":122732,"date":"2024-11-06T14:09:49","date_gmt":"2024-11-06T07:09:49","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=122732"},"modified":"2024-11-06T14:09:49","modified_gmt":"2024-11-06T07:09:49","slug":"stock-market-today-dow-futures-jump-700-points-as-trump-nears-election-victory","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=122732","title":{"rendered":"Stock Market Today: Dow futures jump 700 points as Trump nears election victory"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div data-id=\"LiveCoverageCard_index_CardBlock\">\n<div class=\"e141zjhk1 css-xm7a9b-ParagraphContainer\">\n<p class=\"e141zjhk0 css-108ejn2-FormattedText\">The conventional market wisdom that a win by former President Donald Trump would be a positive for stocks has two things going against it, Bob Elliott, the co-founder of ETF provider Unlimited Funds and a former Bridgewater Associates executive, told MarketWatch Tuesday night.<\/p>\n<\/div>\n<div class=\"e141zjhk1 css-121lfs3-ParagraphContainer\">\n<p class=\"e141zjhk0 css-108ejn2-FormattedText\">First, stocks have already seen a strong rally on expectations of a Trump win, he said in a phone interview. Second, the real question is whether focusing solely on the possibility of corporate tax cuts and their benefit to stocks makes sense when looking comprehensively at a policy mix, including tariffs, that is effectively an inflationary middle-class tax cut &#8220;that would not be a particularly positive set of policies toward the equity markets.&#8221;<\/p>\n<\/div>\n<div class=\"e141zjhk1 css-1ptmi2u-ParagraphContainer\">\n<p class=\"e141zjhk0 css-108ejn2-FormattedText\">Elliott sees almost the exact opposite of the setup in 2016, when a Trump win was expected to result in a stock-market selloff. Instead, stocks initially dipped on election night, then soared after the outcome became clear.<\/p>\n<\/div>\n<div class=\"e141zjhk1 css-1ptmi2u-ParagraphContainer\">\n<p class=\"e141zjhk0 css-108ejn2-FormattedText\">The substantial deficits projected in the event of a Trump victory or a Republican sweep could start to spark a move away from the dollar and toward other assets like gold.<\/p>\n<\/div>\n<div class=\"e141zjhk1 css-xw4pc9-ParagraphContainer\">\n<p class=\"e141zjhk0 css-108ejn2-FormattedText\">&#8220;Yields rising and the dollar falling would be a pretty notable indication that markets are pricing in a set of imprudent Trump policies,&#8221; he said.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.marketwatch.com\/livecoverage\/stock-market-today-dow-futures-struggle-for-traction-as-traders-eye-us-election\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The conventional market wisdom that a win by former President Donald Trump would be a positive for stocks has two things going against it, Bob Elliott, the co-founder of ETF &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=122732\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-122732","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/122732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=122732"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/122732\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}