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'Trump trade' surges as he claims victory

The Star LogoThe Star2h ago

'Trump trade' surges as he claims victory - The Star

Quick Summary:

NEW YORK/SEOUL: Investors bought dollars, bitcoin and stocks, and sold bonds as Donald Trump claimed victory in the U.S.presidential election and Republicans took control of at least one chamber of Congress.

Shares of Trump Media and Technology Group surged 10% in extended trade.

Joe McCann, CEO of Asymmetric, a macro hedge fund that trades primarily in cryptocurrencies, said he has been tracking election news on several TV screens and monitoring market movements in his 50th floor Miami penthouse.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 16:24:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 766 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 23444248

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 39 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 28 minutes 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 "'Trump trade' surges as he claims victory" has 766 words across 34 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "'Trump trade' surges as he claims victory" was covered 2 hours 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 39 news stories per day.

It's most recent story was published 28 minutes 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".

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  • News ID: #23444248
  • URL: https://beamstart.com/news/trump-trade-surges-as-he-17308818558507

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