BEAMSTART Logo

Stocks surge to record highs on Trump victory

The Star LogoThe Star2w ago

Stocks surge to record highs on Trump victory - The Star

Quick Summary:

US stocks rallied sharply to close at record highs on Wednesday after Republican Donald Trump won the 2024 US presidential election in a stunning comeback four years after being voted out of the White House.

Bitcoin hit a record high of over US$76,000 and the dollar was on track for its biggest one-day percentage gain since September 2022.

"This move up in interest rates ...if it doesn't stall out here somewhere around this 4.4%, 4.5% level or so, and we start to retest those levels we saw last October of 5%, that could not only put small caps, but the market itself on its heels," said Luschini.


More Pictures

Stocks surge to record highs on Trump victory - The Star (Picture 1)

or

Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 07:32:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 821 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 23453988

View Article Analysis

About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 40 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 3 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Stocks surge to record highs on Trump victory" has 821 words across 30 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "Stocks surge to record highs on Trump victory" was covered 2 weeks ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 40 news stories per day.

It's most recent story was published 3 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23453988
  • URL: https://beamstart.com/news/stocks-surge-to-record-highs-17309362921706

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.