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U.S. stocks hit records; Trump’s policies add volatility, weakening gold and crypto.
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IntroductionOn the first trading day after the dust settled on the U.S. presidential election, the three major U ...
On the first trading day after the dust settled on mt4 foreign exchange rebate websitethe U.S. presidential election, the three major U.S. stock indices surged significantly, reaching new historical highs. The Dow Jones Industrial Average rose by 1508.05 points, closing at 43,729.93, a gain of 3.57%. The Nasdaq rose by 2.95% to 18,983.47 points, and the S&P 500 increased by 2.53% to 5,929.04 points. The small-cap Russell 2000 index saw an even larger jump of 5.76%. Among individual stocks, Tesla rose by 14.75%, Trump's media and technology group rose by 6%, and Nvidia also reached a new historical high.
Despite the significant rise in U.S. stocks, the policy direction following Trump's election is still a key focus for the market. Analysts pointed out that the pace of policy implementation by Trump will dominate the future trend of the U.S. dollar. Institutions such as Scotiabank Canada warn the market to cautiously view Trump's protectionist policies and their potential impact on the global economy. JPMorgan predicts that the Federal Reserve may start quarterly rate cuts in the first quarter of 2025 until interest rates fall to 3.5%.
European stock markets generally fell, with Germany's DAX index dropping 1.09%, France's CAC 40 index falling 0.51%, and Spain's IBEX 35 index nearly down by 3%. In the Asia-Pacific stock markets, Japan's Nikkei index rose by more than 2.6%, while Indonesia and South Korea's stock markets performed weakly.
In the commodity and cryptocurrency markets, Bitcoin jumped by 29%, to $76,005.43, and Ethereum rose by over 11%. Meanwhile, the oil market showed mixed performance, with WTI crude futures slightly dropping by 0.42% to $71.69 per barrel, and Brent crude futures slightly rising to $75.53 per barrel.
Gold and silver prices were under pressure and fell, with COMEX gold futures down by 2.97% to $2,668 per ounce, and silver futures down by 4.59%. Other metals like LME copper and tin futures also declined, reflecting a market cautious about the prospects for global economic growth. Overall, despite the strong rise in U.S. stocks, safe-haven assets like gold and cryptocurrencies performed weakly. The market is full of expectations for the economic policies of the new U.S. administration while also facing certain risks.


The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
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