{"id":126386,"date":"2024-11-16T05:13:44","date_gmt":"2024-11-15T22:13:44","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=126386"},"modified":"2024-11-16T05:13:44","modified_gmt":"2024-11-15T22:13:44","slug":"stocks-fall-as-wall-streets-election-enthusiasm-subsides","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=126386","title":{"rendered":"Stocks Fall as Wall Street\u2019s Election Enthusiasm Subsides"},"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-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">The stock market\u2019s euphoria in the immediate aftermath of Donald J. Trump\u2019s win in the presidential election has waned, with investors pondering mixed signs of what could come next for the U.S. economy.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The S&amp;P 500 fell 1.3 percent on Friday, dragging the index down 2 percent for the week. It is still higher compared with Election Day.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The drop is a reversal from the index\u2019s 4.7 percent gain last week, its biggest weekly rise in over a year. That relief rally was fueled by the certainty of the election result, investors\u2019 expectations of business-friendly policies under the Trump administration and the Federal Reserve\u2019s decision to <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/11\/07\/business\/economy\/federal-reserve-november-meeting.html\" title=\"\">cut interest rates<\/a> by a quarter point.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But the post-election and post-rate cut enthusiasm has lost steam. Investors are weighing the economic implications of Mr. Trump\u2019s proposed policies and his initial cabinet picks, on top of <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/11\/14\/business\/economy\/fed-jerome-powell-rate-cuts.html\" title=\"\">comments from the Fed\u2019s chair<\/a> indicating that the central bank may not be in a hurry to keep cutting interest rates.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Here\u2019s what else to know about market movement during the week after the election:<\/p>\n<ul class=\"css-1le37cb ez3869y0\">\n<li class=\"css-1i3ul0c eoqvrfo0\">\n<p class=\"css-1il0jfh evys1bk0\">The tech-heavy Nasdaq fell 3.4 percent for the week. The Russell 2000, an index of smaller companies more closely tied to the ebb and flow of the economy, ended the week 4 percent lower.<\/p>\n<\/li>\n<li class=\"css-1i3ul0c eoqvrfo0\">\n<p class=\"css-1il0jfh evys1bk0\"><a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/11\/11\/business\/dealbook\/bitcoin-price-record-high.html\" title=\"\">Cryptocurrencies<\/a> are still rising on expectations that the Trump administration will be a boost to the industry through softer regulations, with Bitcoin crossing the $90,000 price threshold for the first time this week.<\/p>\n<\/li>\n<li class=\"css-1i3ul0c eoqvrfo0\">\n<p class=\"css-1il0jfh evys1bk0\">Yields on government bonds ticked up on Friday after the Census Bureau reported that U.S. retail sales rose in October, beating expectations and indicating continued momentum in consumer spending. Overall, the 10-year Treasury yield, which underpins borrowing costs, such as <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/11\/07\/business\/fed-mortgage-rates.html\" title=\"\">mortgage rates<\/a>, ended the week at 4.4 percent, slightly higher than where it had started.<\/p>\n<\/li>\n<li class=\"css-1i3ul0c eoqvrfo0\">\n<p class=\"css-1il0jfh evys1bk0\">The dollar, which started to rise in value as prediction markets placed bets on Mr. Trump\u2019s return to the White House, continued to rise this week, hitting a new high for the year on Wednesday. Sharp moves in the value of the dollar threaten to destabilize the global economy.<\/p>\n<\/li>\n<li class=\"css-1i3ul0c eoqvrfo0\">\n<p class=\"css-1il0jfh evys1bk0\">Investors are paying close attention to indications of the path forward for the Fed\u2019s rate-cutting cycle. Inflation fears tied to Mr. Trump\u2019s proposed policies have left them with less clarity. Economic data this week also showed that inflation <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/11\/13\/business\/inflation-cpi-october.html\" title=\"\">ticked up slightly<\/a> on an annual basis in October; the central bank <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/11\/07\/business\/economy\/federal-reserve-november-meeting.html\" title=\"\">cut interest rates<\/a> last week for the second time this year, but expectations of another rate cut in December have fallen. Jerome H. Powell, the Fed chair, said during a speech on Thursday that the Fed was not in a \u201churry\u201d to lower rates.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/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.nytimes.com\/2024\/11\/15\/business\/stock-market-election-trump-economy.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The stock market\u2019s euphoria in the immediate aftermath of Donald J. Trump\u2019s win in the presidential election has waned, with investors pondering mixed signs of what could come next for &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=126386\" 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-126386","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126386","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=126386"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126386\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}