Menu

Dow closes up 1,500 points after Trump win, notches new record high

Specialist Meric Greenbaum works at his post on the floor of the New York Stock Exchange, Wednesday, Nov. 6, 2024. (AP Photo/Richard Drew)

The Dow Jones Industrial Average, fueled by Trump’s win, skyrocketed more than 1,500 points on Wednesday.

Wednesday marked the fourth-largest daily point gain in the history of the Dow and the biggest daily point gain outside of the pandemic. The tech-heavy Nasdaq closed up nearly 3%, and the S&P 500 rose about 2.5%. All three stock indices closed at their all-time highs.

MARKETS SEE HUGE MOVEMENT ON TRUMP WIN: STOCKS, CRYPTO, METALS, AND MORE

Stocks tied to Trump also rose. Tesla’s stock rose 14.6% on Wednesday and was buoyed by Tesla founder Elon Musk’s close ties and support of Trump. The stock for Trump’s own social media company closed up nearly 6% on Wednesday.

Related Posts

Back To Top
the Ivy

The Ivy is our flagship newsletter delivered 3x per week (Mon, Wed, Fri) with a focus on investments that can stand the test of time. Investors who seek undervalued companies, passive income, or top-rated ETFs will find The Ivy to be the definitive financial newsletter.

the Burst

If you trade the markets seeking to find the next growth stock, The Burst was created for you. In this newsletter (delivered Tue/Thu), we spotlight companies that are changing the world as well as cryptocurrencies and blockchain projects disrupting the status quo.

the Spotlight

In our weekly Spotlight newsletter, we shine a light on “stand-out” companies that have high potential. You will also find an assortment of “big picture” topics covered, from economic insights to stock market outlook.

the Daily

We aggregate some of the best up to date investing stories and news from around the web and deliver it to you each day in The Daily.

Enter your email to join the tens of thousands of traders and investors already taking advantage of the complimentary Summa Money newsletters


© Summa Money 2024
Powered by WordPress • Themify WordPress Themes