Tech Stocks Surge as U.S. Election Results Loom

Reported 20 days ago

On November 5, 2024, U.S. stock markets rallied, led by a significant boost from tech stocks, with the Nasdaq gaining 1.4%, spurred by Palantir's record earnings that surged its stock by 23.5%. As traders anticipate the outcome of the U.S. presidential election, the S&P 500 and Dow Jones also saw notable increases. Amid the election fervor, focus will soon shift to the Federal Reserve's policy meeting, where a rate cut is widely expected.

Source: YAHOO

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