Stock markets surge after 2024 election, Dow up +1300 points, Bitcoin hits new high.

From Nasdaq
November 6, 2024 10:12:00 AM:

Stock markets are rallying after the 2024 election, with the Dow up +1300 points and other indices seeing gains as well. Bond yields are rising, with the 10-year yield at +4.437%. Bitcoin hits a new high at $75K, boosting stocks like Coinbase and Bitcoin-related ETFs. Tesla shares are also up +12%.

Some companies are reporting earnings misses, like Toyota, while others are yet to report, such as Qualcomm, Trip Advisor, and Gilead. A new top semiconductor stock is emerging, positioned for growth in AI, Machine Learning, and IoT. Global semiconductor manufacturing is projected to rise from $452 billion in 2021 to $803 billion by 2028.

Read more at Nasdaq: Pre-Markets Surge on Historic Trump Victory