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Here's what else happened today: The stock market's Trump bump could end once Treasury yields reach 5% , JPMorgan says. Trump's proposed trade war boosts chances of a US recession to 75% ...
US stocks hit record highs as investors cheered Trump's election victory and market gains. The Fed cut interest rates, Nvidia replaced Intel in the Dow, and the S&P 500 briefly crossed 6,000.
It's official. A new bull market is confirmed. The S&P 500 is now up 20% from its 10/12/22 closing low. The prior bear market saw the index fall 25.4% over 282 days. Read more at https://t.co ...
Trump is entering office with a US economy that is, in the recent words of America's central bank boss, Jerome Powell, the envy of many other countries, with solid growth of 2.8%, unemployment ...
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.
The U.S. stock market soared on Wednesday, delivering significant gains in the first day of trading after the presidential election. The Dow Jones Industrial Average rose 3.6%. That performance ...
Deutsche Bank anticipates Trump’s fiscal, trade, and immigration policies could result in an upward adjustment to its inflation forecast. The team, led by Matthew Luzzetti, projects inflation ...
At a high level, Trump's policies are viewed as more inflationary than Harris's. This would likely lead to higher rates and has been one factor strategists have attributed to the 10-year Treasury ...