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Kamala Harris has gained momentum recently, hitting popular Trump trades in the market. Investors will have little time to rest after the vote, with the Fed's policy meeting starting Wednesday.
Here is the bottom line: Donald Trump's first presidency was marked by extraordinary stock market returns, but the current valuation implies below-average returns in the coming years.
The stock that’s become most entwined with Trump’s popularity, Trump Media & Technology Group, fell 8.8%. Stock market today: Wall Street drifts lower as the Trump trade cools Skip to main content
Here's what else happened today: Why Apple stock just got a rare downgrade to "sell." Bitcoin is overbought and vulnerable to a 13% sell-off, according to one technical analyst.
Donald Trump will inherit a much more expensive stock market in 2025 The S&P 500 had a forward price-to-earnings (PE) ratio of 22.2 as of Dec. 20, according to Yardeni Research.
In the foreign-currency market, the values of both the Mexican peso and Canadian dollar fell against the U.S. dollar after Trump said he expects to put 25% tariffs on Canada and Mexico starting on ...
Here's what else happened today: The Fed won't cut rates at all in 2025 , Deutsche Bank says. The area of the stock market investors should avoid next year , according to Wells Fargo.
However, analysts are split today on whether a Trump 2.0 agenda would be a positive or a negative for the market and the economy. A Trump win could fuel hopes that the Trump tax cuts will be extended.