U.S. Stock Market Sees Gains as Dow and S&P 500 Reach New Milestones Amid Bitcoin Surge

Reported 13 days ago

On November 11, 2024, the Dow Jones Industrial Average and S&P 500 both closed at historic highs, with the Dow surpassing 44,000 and S&P exceeding 6,000, propelled by bullish sentiments surrounding the incoming Trump administration and a significant rally in Bitcoin, which reached $87,000. Tesla shares also continued their upward trajectory, rising for the fifth consecutive session. However, the tech-heavy Nasdaq saw less enthusiasm, as major tech stocks experienced a downturn, leaving investors attentive to upcoming inflation data that could impact market dynamics.

Source: YAHOO

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