STOCK MARKET
The Dow Jones Industrial Average’s first record close in three months comes amid a market drawing increasingly bright lines between what it views as winners and losers in a Donald Trump presidency.
Consider that the 30-stock gauge’s 218-point ascent Thursday happened the same day the Nasdaq 100 Index dropped the most since September, their biggest divergence since the internet bubble burst. Weakness in technology stocks and a handful of defensive industries that soared in the first half held the S&P 500 Index’s gain to roughly a fifth of the Dow’s.
The surge in stocks following a presidential election echoed 1996 and 1972, when the blue-chip index made fresh highs just after victories by Bill Clinton and Richard Nixon.
http://www.bloomberg.com/news/articles/2016-11-10/u-s-index-futures-signal-more-stock-gains-on-trump-policy-bets
DOW sets record AFTER Trump is elected....
Wouldn't logic dictate that the sell off of futures on election
night was caused by the almost universal belief that
Hillary was sure to win the election.....yet some in media
still blame the sell off of futures was because of the
pending Trump victory....
come on folks, you can't have it both ways....
Posters I've banned are because they are most often trolls that offer nothing in the way of intelligent debate....
The Dow Jones Industrial Average’s first record close in three months comes amid a market drawing increasingly bright lines between what it views as winners and losers in a Donald Trump presidency.
Consider that the 30-stock gauge’s 218-point ascent Thursday happened the same day the Nasdaq 100 Index dropped the most since September, their biggest divergence since the internet bubble burst. Weakness in technology stocks and a handful of defensive industries that soared in the first half held the S&P 500 Index’s gain to roughly a fifth of the Dow’s.
The surge in stocks following a presidential election echoed 1996 and 1972, when the blue-chip index made fresh highs just after victories by Bill Clinton and Richard Nixon.
http://www.bloomberg.com/news/articles/2016-11-10/u-s-index-futures-signal-more-stock-gains-on-trump-policy-bets
DOW sets record AFTER Trump is elected....
Wouldn't logic dictate that the sell off of futures on election
night was caused by the almost universal belief that
Hillary was sure to win the election.....yet some in media
still blame the sell off of futures was because of the
pending Trump victory....
come on folks, you can't have it both ways....
Posters I've banned are because they are most often trolls that offer nothing in the way of intelligent debate....