{"id":124923,"date":"2024-11-12T09:34:00","date_gmt":"2024-11-12T02:34:00","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=124923"},"modified":"2024-11-12T09:34:00","modified_gmt":"2024-11-12T02:34:00","slug":"trumps-win-keeps-powering-u-s-stocks-to-records","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=124923","title":{"rendered":"Trump&#8217;s win keeps powering U.S. stocks to records"},"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><!----> <!----> <\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Niles Investment Management founder and portfolio manager Daniel Niles lays out his bullish case for the stock market on &#8216;Making Money.&#8217;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Investors continued to plow money into U.S. stocks, setting new records\u00a0following President-elect<a href=\"https:\/\/www.foxbusiness.com\/politics\" target=\"_blank\" rel=\"noopener\"> Donald Trump\u2019s historic White House <\/a>win. \u00a0<\/p>\n<p>The Dow Jones Industrial Average scored its 43rd record of the year, closing above 44,000 for the first time ever.\u00a0<\/p>\n<div>\n<div class=\"freeform-content\">\n<div id=\"embed\">\n<p style=\"font-size:x-large;\"><strong>Dow Jones Industrial Average<\/strong><\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/foxbusinessp.factsetdigitalsolutions.com\/markets\/chart?symbol=I:DJI\" height=\"500px\" width=\"100%\"> <\/iframe><\/div>\n<\/div>\n<\/div>\n<p>The <a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=sp500\" target=\"_blank\" rel=\"noopener\">S&amp;P 500 closed above 6,000<\/a> also for the first time in its 51st record close of the year, while the tech-heavy Nasdaq notched a 32nd record close. \u00a0<\/p>\n<table class=\"stock-fundamentals\">\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=I:DJI\">I:DJI<\/a><\/td>\n<td class=\"security\">DOW JONES AVERAGES<\/td>\n<td class=\"last\">44293.13<\/td>\n<td class=\"change pos\">+304.14<\/td>\n<td class=\"percent pos\">\n        +0.69%\n      <\/td>\n<\/tr>\n<tr>\n<td class=\"ticker\">SP00<\/td>\n<td class=\"security\">NO DATA AVAILABLE<\/td>\n<td class=\"last\">&#8211;<\/td>\n<td class=\"change\">&#8211;<\/td>\n<td class=\"percent\">\n        &#8211;\n      <\/td>\n<\/tr>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=I:COMP\">I:COMP<\/a><\/td>\n<td class=\"security\">NASDAQ COMPOSITE INDEX<\/td>\n<td class=\"last\">19298.763253<\/td>\n<td class=\"change pos\">+11.99<\/td>\n<td class=\"percent pos\">\n        +0.06%\n      <\/td>\n<\/tr>\n<tr\/><\/tbody>\n<\/table>\n<p>Within the S&amp;P consumer discretionary, financials and industrials paced the gains, while real estate, healthcare and tech saw fractional losses. \u00a0<\/p>\n<table class=\"stock-fundamentals\">\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=XLY\">XLY<\/a><\/td>\n<td class=\"security\">CONSUMER DISCRETIONARY SELECT SECTOR SPDR ETF<\/td>\n<td class=\"last\">219.46<\/td>\n<td class=\"change pos\">+4.34<\/td>\n<td class=\"percent pos\">\n        +2.02%\n      <\/td>\n<\/tr>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=XLF\">XLF<\/a><\/td>\n<td class=\"security\">FINANCIAL SELECT SECTOR SPDR ETF<\/td>\n<td class=\"last\">49.89<\/td>\n<td class=\"change pos\">+0.70<\/td>\n<td class=\"percent pos\">\n        +1.42%\n      <\/td>\n<\/tr>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=XLI\">XLI<\/a><\/td>\n<td class=\"security\">INDUSTRIAL SELECT SECTOR SPDR ETF<\/td>\n<td class=\"last\">143.19<\/td>\n<td class=\"change pos\">+1.10<\/td>\n<td class=\"percent pos\">\n        +0.77%\n      <\/td>\n<\/tr>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=XLRE\">XLRE<\/a><\/td>\n<td class=\"security\">THE REAL ESTATE SELECT SECTOR SPDR\u00ae FUND &#8211; USD DIS<\/td>\n<td class=\"last\">43.53<\/td>\n<td class=\"change neg\">-0.38<\/td>\n<td class=\"percent neg\">\n        -0.87%\n      <\/td>\n<\/tr>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=XLV\">XLV<\/a><\/td>\n<td class=\"security\">HEALTH CARE SELECT SECTOR SPDR ETF<\/td>\n<td class=\"last\">149.30<\/td>\n<td class=\"change neg\">-0.88<\/td>\n<td class=\"percent neg\">\n        -0.59%\n      <\/td>\n<\/tr>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=XLK\">XLK<\/a><\/td>\n<td class=\"security\">TECHNOLOGY SELECT SECTOR SPDR ETF<\/td>\n<td class=\"last\">235.85<\/td>\n<td class=\"change neg\">-1.31<\/td>\n<td class=\"percent neg\">\n        -0.55%\n      <\/td>\n<\/tr>\n<tr\/><\/tbody>\n<\/table>\n<p>Trump, who won the popular and electoral vote, ran on pro-business, less regulation, smaller government and lower taxes, among other initiatives.<\/p>\n<p>He has started to assemble his team as of Monday evening. Former New York Rep. Lee Zeldin has been picked to join <a href=\"https:\/\/www.foxbusiness.com\/category\/donald-trump\" target=\"_blank\" rel=\"noopener\"><u>President-elect Donald Trump\u2019s<\/u><\/a> administration as the Environmental Protection Agency (EPA) administrator. Tom Homan is his new border czar, and NY Rep. Elise Stefanik was appointed U.S. Ambassador to the United Nations.\u00a0<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/economy\/us-national-debt-tracker\" target=\"_blank\" rel=\"noopener\"><strong>NATIONAL DEBT TRACKER: FOXBUSINESS.COM<\/strong><\/a><\/p>\n<p>Investor Cathie Wood, of Ark Invest, said\u00a0Trump\u2019s incoming administration may have more economic benefits than Ronald Reagan did after he cut taxes and whittled down the deficit in the 80s.<\/p>\n<p>&#8220;Deregulation (defanging the SEC, FTC, and others), government spending cuts (making room for the private sector), tax cuts, and a focus on technologically enabled innovation are likely to turbocharge the US economy more powerfully than during the Reagan Revolution.&#8221; she explained in a video message posted on X. \u00a0<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/category\/tesla\" target=\"_blank\" rel=\"noopener\">Tesla, run by close Trump advisor Elon Musk,<\/a> rose another 9%, with its market cap crossing $1 trillion.\u00a0<\/p>\n<p>&#8220;We are raising our price target on Tesla to $400 from $300 as we believe the Trump White House win will be a gamechanger for the autonomous and AI story for Tesla and Musk over the coming years&#8221; said Wedbush analyst Dan Ives in a note to clients. The company\u2019s market cap could hit $2 trillion over the next 12 to 18 months, he added. \u00a0<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/markets\/tesla-headed-2-trillion-valuation-after-musks-big-bet-trump-win-analysts-say\" target=\"_blank\" rel=\"noopener\"><strong>TESLA HEADED FOR $2 TRILLION VALUATION<\/strong><\/a><\/p>\n<p>The company\u2019s AI and autonomous opportunity is &#8220;worth $1 trillion alone for Tesla, and we fully expect under a Trump White House these key initiatives will now get fast-tracked as the federal regulatory spiderweb that Musk &amp; Co. have encountered over the past few years around FSD [fully self-driving]\/autonomous clears significantly under a new Trump era&#8221; he noted.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/11\/343\/192\/musk-trump.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/11\/686\/384\/musk-trump.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/11\/672\/378\/musk-trump.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/11\/1344\/756\/musk-trump.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/11\/931\/523\/musk-trump.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/11\/1862\/1046\/musk-trump.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/11\/720\/405\/musk-trump.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/11\/1440\/810\/musk-trump.jpg?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/11\/931\/523\/musk-trump.jpg?ve=1&amp;tl=1\" alt=\"Musk and Trump\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>Elon Musk, chief executive officer of Tesla Inc., left, and former US President Donald Trump, prior to a campaign event at the Butler Farm Show in Butler, Pennsylvania, US, on Saturday, Oct. 5, 2024.<\/span><span> (Justin Merriman\/Bloomberg via Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p>Trump\u2019s win also propelled bitcoin to new records. The largest cryptocurrency by market value topped $88,000 late Monday, a new, inflation-adjusted all-time high, as investors embrace what is expected to be his pro-crypto policies.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/crypto-industry-election-spending-tallies-least-238m-surpassing-traditional-giants\" target=\"_blank\" rel=\"noopener\"><strong><u>CRYPTO INDUSTRY ELECTION SPENDING TALLIES AT LEAST $238M, SURPASSING TRADITIONAL GIANTS<\/u><\/strong><\/a><\/p>\n<p>&#8220;We now know there will be no government ban. It&#8217;s actually more likely the U.S. will start buying bitcoin&#8221; said &#8220;Coin Stories&#8221; podcast host Natalie Brunell\u00a0during an appearance on &#8220;Making Money&#8221; with Charles Payne. &#8220;Everyone is waking up to the fact that bitcoin, it&#8217;s not just here to stay. It&#8217;s going to be in every portfolio, on every company\u2019s balance sheet and in every nation\u2019s reserve someday&#8221; she added.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener\"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/a><\/p>\n<table class=\"stock-fundamentals\">\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=MSTR\">MSTR<\/a><\/td>\n<td class=\"security\">MICROSTRATEGY INC.<\/td>\n<td class=\"last\">340.00<\/td>\n<td class=\"change pos\">+69.58<\/td>\n<td class=\"percent pos\">\n        +25.73%\n      <\/td>\n<\/tr>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=COIN\">COIN<\/a><\/td>\n<td class=\"security\">COINBASE GLOBAL INC.<\/td>\n<td class=\"last\">324.24<\/td>\n<td class=\"change pos\">+53.50<\/td>\n<td class=\"percent pos\">\n        +19.76%\n      <\/td>\n<\/tr>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=HOOD\">HOOD<\/a><\/td>\n<td class=\"security\">ROBINHOOD MARKETS INC.<\/td>\n<td class=\"last\">32.80<\/td>\n<td class=\"change pos\">+2.26<\/td>\n<td class=\"percent pos\">\n        +7.40%\n      <\/td>\n<\/tr>\n<tr\/><\/tbody>\n<\/table>\n<p>Bitcoin\u2019s rally is also fueling companies in the bitcoin space, including Microstrategy, Coinbase and Robinhood.<\/p>\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.foxbusiness.com\/markets\/trump-trade-powers-dow-44000-sp-6000-stocks-keep-humming\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Niles Investment Management founder and portfolio manager Daniel Niles lays out his bullish case for the stock market on &#8216;Making Money.&#8217; Investors continued to plow money into U.S. stocks, setting &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=124923\" 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-124923","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/124923","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=124923"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/124923\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=124923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=124923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=124923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}