Join Investment IQ for free today
Sign up for free and get access to thousands of financial insights and articles curated by our expert team
Benefits:
- Signup once to gain access
- Completely free membership
- Carefully curated content
- Browse thousands of articles
- Search content easily
- Friction-free access
Trump’s 2024 win boosts US stock markets
- Investment Management
-
Visit
- 08.11.24
-
Donald Trump’s 2024 election victory sparked a robust rally in US stock markets, with major indices like the S&P 500, Nasdaq, and Dow Jones showing gains. The Russell 2000 surged nearly 6%, highlighting positive sentiment among small-cap stocks. Strengthened by expectations of tax cuts, pro-business policies, and a stable Republican mandate, the US dollar also rose, while sectors aligned with Trump’s agenda, such as energy and manufacturing, outperformed. This market response underscores investor confidence in Trump’s economic policies, with sectors sensitive to trade and fiscal policy expected...