Source: MarketWatch
“U.S. stocks completed a momentous trading session on Wednesday, with investor optimism over Donald Trump’s presidential-election victory fueling the biggest post-election jump in the Dow Jones Industrial Average in more than 100 years. Wednesday’s advance in all three major U.S. stock indexes came despite a spike in Treasury yields, led by a 15.3-basis-point rise in the 30-year rate. The Dow Jones Industrial Average finished up by 1508.05 points, or 3.6%, at a new record close of 43,729.93, based on preliminary data. The S&P 500 closed up by 146.28 points, or 2.5%, at 5,929.04. The Nasdaq Composite ended up by 544.29 points, or almost 3%, at 18,983.47.” (11/06/24)