From Nasdaq: 2024-11-18 20:00:00

Donald Trump’s election impacted financial markets, with stocks like financials and energy soaring, while real estate and consumer staples fell. Bond yields rose, reflecting expectations of higher interest rates due to tax cuts and tariffs. Tech stocks, like those in the Nasdaq-100, have benefited from a less regulatory framework under the Trump administration.

Tesla’s stock has surged post-election, up 24% with optimism around Trump’s policies benefiting EVs. However, risks include the elimination of the $7,500 EV tax credit. Block, a fintech company, saw a 15.3% gain post-election, aligning well with Trump’s priorities on crypto and deregulation. The company continues to show strong gross profit growth.



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