US stocks: S&P 500 sees best post-election day in its history

Quick Summary:

US stock markets surged to record highs as investors celebrated Donald Trump's presidential victory and the potential for Republican control of Congress.

The S&P 500 saw its most significant post-election rally ever, fueled by expectations of pro-growth policies.

Treasury yields climbed on bets of reduced Fed rate cuts and concerns about Trump's fiscal policies.

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Article Details

Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: IndiaUnited States

Topics: Dow Jones Wall Street US stocks Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 10:44:39 (3 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1795 words

Reading Time: 10 minutes read

Sentences: 62 lines

Sentence Length: 29 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 23455560

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 22 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

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Publisher ID: #28

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