US stocks surge to record highs as Trump returns to presidency

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The story "US stocks surge to record highs as Trump returns to presidency" was covered 2 weeks ago by The Straits Times, a news publisher based in Singapore.

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The Straits Times 2w ago

US stocks surge to record highs as Trump returns to presidency - The Straits Times

Quick Summary:

Dow Jones Industrial Average rises 1,450.11 points, or 3.43 per cent, to 43,671.12.

The central bank is widely expected to ease the benchmark interest rate by 25 basis points at its policy-setting meeting ending on Thursday.

Both the Dow and S&P 500 were on track for their biggest one-day percentage gains since November 2022, with the Nasdaq poised for its biggest daily climb since August.