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Trump victory momentum continues its roll on the markets
Manage episode 449797427 series 2874694
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Donald Trump’s election victory continues to rally markets, with the S&P 500 topping $6,000 for the first time, and the Dow soaring by more than 300 points to close above the $44,000 mark. Momentum doesn’t stop there as investors jump on the crypto trade, with Bitcoin closing in on the $90,000 mark and Coinbase popping nearly 20%. Meanwhile, sources tell NBC that Senator Marco Rubio is the likely candidate to become Donald Trump’s top diplomat, with the President-elect also said to have tapped China hawk Mike Waltz as his National Security Adviser. In Asia, chipmaker stocks dip over mounting concerns of looming U.S. protectionist measures, prompting South Korea to release its own stimulus measures for domestic producers.
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