Reported 19 days ago
Donald Trump's victory in the U.S. presidential election spurred a significant rally in the stock market, notably boosting shares of Tesla and financial institutions. Investors anticipate lower corporate taxes and deregulation, driving major indexes like the Dow Jones and S&P 500 to record highs. The Trump Media & Technology Group also saw a surge, while Trump's pro-business policies promise a more favorable environment for investments and capital expenditures. Meanwhile, other sectors like electric vehicles and retail faced pressures amid concerns over regulatory changes and tariffs.
Source: YAHOO