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The world's largest cryptocurrency hit an all-time high above $82,000 as investors continued to celebrate Trump's win, which the market expects to be a positive catalyst for crypto. Tesla stock ...
The S&P 500 will continue to rally into through the end of the year as Trump's victory ends a period of political uncertainty, Goldman said.
The labor market, on the other hand, appears to be a smaller source of stress for the Fed, but Powell said it's "prepared to adjust the pace and destination" of easing as the jobs data evolves.
The S&P 500 has surpassed its own record a staggering 31 times since January. That equates to a new all-time high for US stocks about every four trading days.
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion. In commodities, bonds, and crypto: West Texas Intermediate crude oil dropped 1% to $67.62 a barrel.
He charted the first few days of the market after election day 2024 and election day 1928. “A primitive overlay chart is no kind of evidence that the stock market is destined for a crash like 1929.
In the financial world, investors and Wall Street analysts deploy two main methods in forecasting price trends for stocks, bonds, and commodities: "fundamental" and "technical" models.
The stock market (and particularly the S&P 500) tends to rise over time, regardless of which political party holds power. Yes, policy changes and political events can influence short-term volatility.