Last week, the electoral map saw significant changes that upended Washington, DC. Despite this, the economic and investment conditions appeared to favor risk markets after Donald Trump’s victory. The S & P 500 jumped 4.7% for the week, and the Federal Reserve trimmed short-term rates. However, there are nuances to consider, such as the differences…
After a strong rally in the stock market this week following Donald Trump’s election victory and positive earnings reports, some software companies may be due for a pullback. The S & P 500 and Dow Jones Industrial Average are up around 5%, while the Nasdaq has jumped 6.4% so far in November. Companies with an…
Traders on the New York Stock Exchange saw U.S. stock futures holding steady after the S&P 500 and Nasdaq hit record highs following the Federal Reserve’s interest rate cut. The markets reacted positively to President-elect Donald Trump’s victory, with expectations of a Republican-controlled government leading to optimism about deregulation, tax cuts, and economic growth. However,…
Small caps, specifically the Russell 2000, are seeing gains in morning trading, following a surge on Wednesday. RBC’s Calvasina notes that positioning and sentiment are stretched, but there may be room for further growth. Bank of America downgrades SolarEdge Technologies due to potential risks to the clean energy industry under a Trump presidency. Moderna shares…
CNBC’s Jim Cramer reviewed the market action, noting that traders were relieved the election was over and preparing for Trump’s administration. The certainty of a clear winner boosted the stock market, with all three major indexes reaching record highs. Sectors like Big Tech, which could benefit from looser regulations, saw gains. Tesla soared, possibly due…
Goldman Sachs has analyzed potential election outcomes and their impact on the S & P 500. In a close race between Trump and Harris, the firm outlined four scenarios. A Trump win and Republican sweep could lead to a 3% rally in the S & P 500, benefiting financial and domestic cyclical stocks. A Trump…
Traders on the New York Stock Exchange are preparing for the high-stakes U.S. presidential election, with stock futures showing little change overnight. The Dow Jones Industrial Average futures added 20 points, while S&P 500 and Nasdaq-100 futures inched higher. Palantir saw a 13% jump in overnight trading due to strong quarterly results, while NXP Semiconductors…
This year’s market has been unusual, with high returns on the S&P 500 despite election uncertainty. Strong tech earnings have been a key factor in the market’s performance. The economy and earnings remain resilient, contributing to the market’s success. The election is a wildcard, causing volatility to remain high. Despite strong earnings, rising bond yields…
Voters in the U.S. are heading to the polls for a close presidential race between Kamala Harris and Donald Trump, causing some uncertainty among business leaders. Executives at S&P 500 companies are discussing the election more than in recent cycles, with many mentioning the word “election” on earnings calls. Companies are cautious due to election…