STI climbs on news of imminent Trump win in US election

Quick Summary:

The STI inched up 0.6 per cent or 21.38 points to 3,602.99 on Nov 6, but losers outshone gainers 300 to 257.

He said there is a recurring trend in the lead-up to and aftermath of the US elections – the year preceding often delivers a performance pop, but the period two years after has generally been muted, which would indicate slower growth in 2026.

The tech-heavy Nasdaq surged 1.4 per cent, while the S&P 500 added 1.2 per cent and the Dow industrials added 1 per cent.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaHong KongJapanMalaysia

Topics: Robust Worth Gainers Inched Outshone Shares Cent Points Losers Trade Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 19:22:48 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 472 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23446668

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 14 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #25

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