LIVE Stocks surge after Trump retakes the White House. Follow our live blog. NSE - Delayed Quote ? INR Chemcon Speciality Chemicals Limited (CHEMCON.NS) Follow Compare 253.22 +5.52 (+2.23%) At close: 3:29 PM GMT+5:30 Related News Small-caps are an 'American-focused opportunity' under Trump: Expert Donald Trump's return to the White House has sent markets (^DJI, ^IXIC, ^GSPC) surging, particularly small-cap (^RUT) stocks. Royce Investment Partner co-chief investment officer Francis Gannon joins Wealth to discuss the implications for the small-cap sector. Gannon notes that the investment thesis for small-caps remains largely unchanged from before the election. He points out that the small-cap index has delivered a negative 1% return over the past 3 years, with the index's peak occurring 3 years ago on Nov. 8. However, Gannon believes that Trump's victory, coupled with a favorable earnings season, will provide a significant boost to the small-cap index, which he describes as a "revolution" going forward. "I think part of the small-cap story is that many of the trends in place yesterday, even before the election, are going to continue," he states. Gannon advises investors to focus on more economically sensitive areas of the market, such as industrials and materials. He expects an "American-focused opportunity" to emerge in the small-cap space over the next several years under the new administration. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith Yahoo Finance Video ? 6 minutes ago ^IXIC ^DJI ^GSPC US dollar surges on Donald Trump's 2024 election win TD Securities Global head of FX and EM strategy Mark McCormick joins Catalysts to break down the factors driving the US dollar's (DX=F) post-election rally. McCormick believes the bullish momentum in the dollar trade is just getting started. "There's a fundamental story here," he explains. "US asset markets, US equities, [and] the terminal rates have already been repriced higher. All of these things have legs and now have a continuation." With uncertainty lingering around other global currencies, McCormick sees the clearest trade opportunity as "buying into US exceptionalism with a much stronger US dollar coming through the first part of next year." Watch the video above to hear McComick's views on the European, German, Mexican, and Asian currencies against the US dollar. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith Yahoo Finance Video ? 41 minutes ago ^IXIC ^DJI ^GSPC Tesla stock soars: Musk's Trump support pays off in near-term Tesla (TSLA) shares surge with CEO Elon Musk's involvement in the US election seemingly pays off after President-elect Donald Trump's win. Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber joins Seana Smith and Madison Mills on Catalysts to discuss what's next for Tesla and Musk. "Certainly, it puts Elon in the driver's seat as far as access to the White House," Kawasaki says, adding, "I think there's this difference between what's great for Elon and what's sort of great for Tesla." He explains for Tesla, the Trump win, "I would assume that this would help them [in] getting at least on a federal regulatory basis, get some of the heat off of them, because they have so many investigations. On a state level, it doesn't help them at alL, as far as getting approvals for robotaxis and such. You know, what I really think is it's too early to determine if Trump's going to roll back the subsidies to EVs, and this will hopefully prevent that from happening and hurting Tesla and, hence, the rally." Kawasaki notes, "I'm not buying any more [Tesla shares at this point]. You know, we've been lowering our stake in Tesla because it was our top position several years ago. We made a lot of money. We still think the challenges Tesla faces to get full self-driving to work are not going to be solved by Donald Trump coming into the White House." He adds, if anything, Musk's relationship with Trump could distract him from working at Tesla. He says, "If you want to own Tesla, you should. It's kind of what I say about bitcoin (BTC-USD). If you want to own bitcoin, own bitcoin. I can't tell you what it's going to do ... [Tesla is] part of our risk bucket in our portfolio and it's just not the biggest risk that we're taking today, which is more in things like computer chips like Nvidia (NVDA) because Tesla and Elon are sending all their money to Nvidia. And that's my preferred play right now in the market over the next several years." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 2 hours ago TSLA Market jumps on Trump win: Relief rally on quick resolution US stocks (^DJI,^GSPC, ^IXIC) soar after President-elect Trump's win. Yahoo Finance's Josh Schafer joins Morning Brief Hosts Seana Smith and Brad Smith to take a closer look at the rally and which sectors stand out. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 3 hours ago ^DJI ^GSPC ^IXIC Trump victory, Trump trade, banks and energy react: 3 Things US stock futures (ES=F, NQ=F, YM=F) and Treasury yields (^TYX, ^TNX, ^FVX) roar to life Wednesday morning after former President Donald Trump was named the winner of the 2024 presidential election. Shares of Tesla (TSLA) and Trump Media & Technology Group (DJT, DJTWW) are also soaring alongside other key companies part of the so-called "Trump trade" rallying on the news. Big Banks and major oil producers — Goldman Sachs (GS), JPMorgan Chase (JPM), Morgan Stanley (MS), Wells Fargo (WFC), Citigroup (C), Bank of America (BAC), Exxon Mobil (XOM), Chevron (CVX) — are getting a push higher in their stock price, while solar energy companies like First Solar (FSLR) and Sunrun (RUN) sink further. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 4 hours ago DJT DJTWW JPM Wall Street scores political victory with a Trump win: 'This should aid all banks' US bank stocks rallied following a decisive win by President-elect Donald Trump, in a sign that big Wall Street financial institutions expect to have an easier time in Washington under a new Republican administration. Yahoo Finance ? 5 hours ago BAC MS MS-PQ Stock market today: Dow, S&P 500, Nasdaq soar as Trump triumphs Stocks rallied as investors digested Donald Trump's victory in the US presidential election over Kamala Harris. Yahoo Finance ? 7 hours ago ^GSPC ^DJI ^IXIC Will Elon Musk's 'big bet' on Trump pay off for him and Tesla? Billionaire Tesla (TSLA) CEO Elon Musk has been vocal in his support for former President Donald Trump's election campaign. Intelligent Alpha CEO and founder and Deepwater Asset Management managing partner Doug Clinton sits down with Josh Lipton on Market Domination Overtime to discuss what the election outcome means for Musk and how his political involvement affects investors. "It will be a very interesting night for Elon Musk," Clinton says, adding, "He's obviously made a really big bet on the election going one direction. And I think if it goes against him if Kamala Harris is elected president, I think it probably is a negative for him." He notes that Tesla could stand to benefit from a Harris presidency, given she could provide further tax incentives for electric vehicles as part of a green energy push. Clinton says that Musk will likely "find some way to try to mend fences and say, 'Look, obviously, it didn't go the way that we were campaigning, but we have this agenda that actually does very much align with some of the principles of the Democratic Party.' I mean, Elon probably has done more for bringing sustainable energy into the markets, kind of into the mass markets, really in the US and globally than maybe anybody else in the world." As an investor in Musk's companies, Clinton says, "We try to separate [Musk's companies from his politics]. At Deepwater, we are investors in xAI, and we're big believers that there's basically four companies on Earth that have a chance to build the foundation models that power sort of everything. It's Meta (META) with Llama, it's Google (GOOG, GOOGL) [with] Gemini, OpenAI with GPT, and then xAI with Grok. So that investment is really built, I think, more on just what can they do from a technical perspective." To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Naomi Buchanan Yahoo Finance Video ? 19 hours ago TSLA Nasdaq, stocks surge as investors await 2024 election results US stocks (^DJI, ^IXIC, ^GSPC) took off in Tuesday's session, the Nadaq Composite leading the charge by closing over 1.4% higher as markets await US presidential election results. Market Domination Overtime host Julie Hyman recaps Election Day's market movements, noting the upward momentum in the Russell 2000 (^RUT) small-cap index, the bond market (^TYX, ^TNX, ^FVX), and Big Tech leaders. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 21 hours ago ^DJI ^NDX ^IXIC Stock market today: Dow, S&P 500, Nasdaq rise as Wall Street braces for election results The polls are open, and investors are in wait-and-see mode to find out whether Harris or Trump will win — and how long it'll take to get a clear outcome. Yahoo Finance ? 21 hours ago NQ=F YM=F ES=F Why JPMorgan Chase Stock Popped Today Bank stocks soared on Trump's victory last night. Motley Fool ? 22 minutes ago JPM Dow, Nasdaq Futures Race Higher As Trump Wins White House: DJT, Tesla Shares Surge — Veteran Investor Predicts US Economy Could 'Take Off' U.S. stocks could witness a strong opening on Wednesday after former President Donald Trump emerged victorious after a long-drawn battle with Joe Biden and Kamala Harris. With Trump returning as the U.S. President, futures of all three major indices were strongly in the green on Wednesday, pointing to upbeat sentiment on Wall Street. Don't Miss: The global games market is projected to generate $272B by the end of the year — for $0.55/share, this VC-backed startup with a 7M+ userbase gives invest Benzinga ? 23 minutes ago TSLA Why Tesla Stock Is Skyrocketing Today Why is Donald Trump's election victory powering explosive gains for Tesla stock? Motley Fool ? 34 minutes ago TSLA Mortgage Lenders Fall Even as Banks Soar on Trump Financial stocks are surging following Donald Trump’s election victory. Rocket Cos. and UWM Holdings were down on Wednesday, by 4.5% and 2.4%, respectively. One major reason is what is happening in the bond market. The Wall Street Journal ? 51 minutes ago DHI RKT FNMA Mortgage Bonds Have Room to Run After Decisive Trump Victory (Bloomberg) -- Risk premiums on new agency mortgage bonds tightened Wednesday, as a market some considered unusually cheap before the election was poised to benefit along with the likes of US equities and the dollar.Most Read from BloombergParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowFannie Mae current coupon MBS yields relative to Treasuries narrowed to 1.45 percentage point from Tuesday’s close of 1.47 percentage poi Bloomberg ? 1 hour ago FNMA Rivian Stock Plunged After the Election. Is It a Buying Opportunity? Investors may be wondering why Rivian shares are plunging while Tesla stock is shooting higher. Motley Fool ? 1 hour ago RIVN TSLA Freddie and Fannie’s zombie preferreds surge on Trump win (Bloomberg) -- Shares of long-moribund preferred stock issued by Fannie Mae and Freddie Mac surged on Wednesday amid speculation that Donald Trump will free the housing finance agencies from their crisis-era conservatorship.Most Read from BloombergParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowA $6 billion perpetual issue by Freddie Mac sold back in 2007 jumped as much as 70%, its highest in more than three years. Fannie Bloomberg ? 1 hour ago FMCC FNMA Top Stock Movers Now: Trump Media, Tesla, Goldman Sachs, Coinbase, and More Major U.S. indexes surged at midday Wednesday with former President Donald Trump set to return to the White House. Investopedia ? 1 hour ago TSLA COIN Elon Musk Is Going to Washington. Why Tesla Stock Is Soaring. Tesla stock soared Wednesday with Republican nominee Donald Trump winning the U.S. presidential election. It also means more work for Elon Musk, the already incredibly busy CEO of Tesla SpaceX, X, and xAI. Tesla stock jumped more than $33 a share, or 13%, to $284.62 in midday trading, making it one of the biggest winners in the which was up 2%. Barrons.com ? 1 hour ago TSLA Caterpillar, Tesla Lead Post-Election Stock Picks: Oppenheimer Report Oppenheimer's Colin Rusch expects significant portfolio repositioning as investors react to policy changes GuruFocus.com ? 1 hour ago TSLA CAT Performance Overview Trailing total returns as of 11/6/2024, which may include dividends or other distributions. Benchmark is S&P BSE SENSEX Return CHEMCON.NS S&P BSE SENSEX YTD -13.55% +11.27% 1-Year -5.85% +24.88% 3-Year -37.03% +33.81%
