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macro trends and their impact on rolcon engineering company limited (505807) ✌️【Free Access to Stock Club】✌️ Provides real-time stock index quotes, futures data, and global market trend analysis to help you seize the best investment timing. US stock futures rose early on Wednesday and bitcoin jumped as Donald Trump was headed for wins in the battleground states of Pennsylvania, Georgia and North Carolina, shrinking Kamala Harris’ possible paths to victory.
Futures on the Dow climbed 2.84%, while the S&P 500 rose 2.2%. The US dollar index hit its highest point since July.
Cryptocurrencies, which are considered part of the so-called Trump trade, jumped as well. Bitcoin surpassed $75,000, hitting an all-time high during early morning Wednesday. It surged past its previous all-time high of $74,000 on Tuesday night.Trumphas voiced his support of cryptocurrencies in the past.
Dogecoin, the volatile cryptocurrency championed by Elon Musk, a high-profile backer of Trump, rose by as much as 25% Wednesday against Tuesday’s closing level, though those gains have since been pared back to 16%. The cryptocurrency has surged almost 31% since the start of the week.
macro trends and their impact on rolcon engineering company limited (505807) ✌️【Free Access to Stock Club】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. The Dow closed 425 points higher Tuesday or 1% up, the S&P 500 gained 1.2% and the tech-heavy Nasdaq climbed 1.4%, all underscoring investor optimism as Americans cast their ballots.
Historically, stocks have often risen on Election Day. This marks the sixth straight Election Day gain for the S&P 500 and Nasdaq.
macro trends and their impact on rolcon engineering company limited (505807) ✌️【Free Access to Stock Club】✌️ Free real-time global stock and futures trend data to help you analyze market movements and make fast investment decisions. Mark Haefele, chief investment officer of the wealth management unit at UBS, noted that S&P 500 futures and Russell 2000 index futures for smaller listed US companies were up, “likely on anticipation of stronger domestic growth, increased (mergers and acquisitions) activity, an extension to personal tax cuts and hopes of lower corporate taxes” as a result of a Trump victory.
“The prospect of a clear-cut election outcome may also be driving futures higher, given reduced uncertainty about the future,” he wrote in a note.
macro trends and their impact on rolcon engineering company limited (505807) ✌️【Free Access to Stock Club】✌️ Expert predictions of stock trends to help you select stocks accurately, achieve stable growth, and quickly recover from losses. Related articleTrump’s media stock was halted for extremely volatile trading as America goes to the polls
macro trends and their impact on rolcon engineering company limited (505807) ✌️【Free Access to Stock Club】✌️ Free real-time stock index quotes to help you quickly seize market opportunities and achieve capital growth. Meanwhile, Mohit Kumar, economist at Jefferies, said financial companies and smaller companies were likely to lead further gains in US stocks.
“We also expect US equities to continue to outperform Europe and global indices,” he added in a note.
macro trends and their impact on rolcon engineering company limited (505807) ✌️【Free Access to Stock Club】✌️ Precise predictions of high-potential stocks to help you avoid risks and quickly recover and grow. The Stoxx Europe 600 index, the benchmark for the region, was up 1.3%. Germany’s DAX and France’s CAC rose 0.8% and 1.4% respectively, while London’s FTSE 100 was trading 1.3% higher on the day.
US stocks have historically moved higher in the months after elections regardless of the result. “Most stock price movements over time are driven by earnings, inflation and interest rates,” said Adam Turnquist, chief technical strategist for LPL Financial. “Policy does matter, particularly tax and trade policy, but not as much as some might think.”
macro trends and their impact on rolcon engineering company limited (505807) ✌️【Free Access to Stock Club】✌️ Real-time global stock, futures, and exchange rate data to keep you informed of market trends and seize investment opportunities. Traders are bracing for a turbulent week. Just two days after Election Day, the Federal Reserve will announce its latest interest rate decision, the first since it cut rates by half a point. The Fed’s announcement comes amid new data showing signs of a cooling US labor market, adding another layer to an already stacked week for markets.
macro trends and their impact on rolcon engineering company limited (505807) ✌️【Free Access to Stock Club】✌️ Expert predictions of market trends to help you plan the best investment strategy for steady capital growth. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Discussion Group 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.
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