LIVE Stocks surge after Trump retakes the White House. Follow our live blog. NYSEArca - Nasdaq Real Time Price ? USD Freedom Day Dividend ETF (MBOX) Follow 33.69 +0.50 (+1.51%) As of November 5 at 3:59 PM EST. Market Open. Related ETF News Dow, S&P 500, Nasdaq blast off on Trump 2024 victory Donald Trump was named the victor of the 2024 presidential election and US stocks are booming on this news: the Dow Jones Industrial Average (^DJI) is seeing upside of over 3% at the market open today, with the S&P 500 (^GSPC) flying 1.9% higher and the Nasdaq Composite (^IXIC) seeing gains of 1.8% right beside it. The financial sector (XLF) is blasting over, moving 5.5% higher at the day's start as Wall Street anticipates a second Trump presidency will greatly benefit the banking industry. The Morning Brief's Brad Smith is joined by Yahoo Finance markets and data editor Jared Blikre in their analysis of movements in the market indexes, Russell 2000 (^RUT), Treasury yields (^TYX, ^TNX, ^FVX), and commodities. Follow along Yahoo Finance's extensive coverage of the stock market reactions to the 2024 election results: Stock market today: Dow, S&P 500, Nasdaq futures soar as Trump triumphsDonald Trump has won the 2024 election. Here's what's next on 2 key economic issues.Wall Street scores political victory with a Trump win: 'This should aid all banks'Tesla stock soars by double digits after Trump winDJT stock surges in premarket trading as Trump clinches election winHere's how my 'Trump trade' is doing7 'election trades' Citi is watching 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 ? 2 hours ago XLF ^DJI ^IXIC Trump Sends Oil Prices Down, Oil Stocks Up. What’s Going On? Crude oil prices were falling on Wednesday morning even as major oil companies rallied. As industry veteran Dan Pickering, chief investment officer of Pickering Energy Partners, put it: Trump is friendlier to the industry and riskier to the commodity price. Trump has said he wants to see the U.S. increase oil production. The Wall Street Journal ? 1 hour ago XLE Invesco Unveils Trio of Thematic ETFs in Europe The triple launch undercuts much of the competition. etf.com ? 22 hours ago PAVE KWEB CIBR Overlay Shares to Transfer Funds to Cboe BZX Exchange The Overlay Shares ETFs, managed by parent company Liquid Strategies, LLC, announced their suite of ETFs will transfer to the Cboe BZX Exchange on or around November 25th, 2024. PR Newswire ? 23 hours ago OVT OVLH +1.43% OVL 5 ETFs That Saw Massive Trading Volume Ahead of Election Day The tight race has resulted in enough liquidity in the ETF world ahead of Election Day. Zacks ? yesterday SPY XLF Why banks are (probably) rooting for Donald Trump US banks have a lot riding on the outcome of Election Day even if they’re not 100% sure how either candidate might treat their industry. Most observers expect Donald Trump to be more favorable. Yahoo Finance ? 2 days ago JPM XLF ^GSPC Active Funds Struggle to Beat H1 2024 Benchmarks Active fund managers faced mixed performance against market indexes, with most large-cap funds lagging the S&P 500. etf.com ? 5 days ago SPY QQQ DIA Should You Invest in the Financial Select Sector SPDR ETF (XLF)? Sector ETF report for XLF Zacks ? 6 days ago VFH US economy grows by 2.8% in third quarter, slower than expected Investing.com -- The US economy grew at a slower than expected rate in the third quarter despite signs of waning inflationary pressures and solid wage gains. Investing.com ? 7 days ago IVV DIA SPY Should You Invest in the iShares MSCI Europe Financials ETF (EUFN)? Sector ETF report for EUFN Zacks ? 7 days ago MSCI VFH Is Invesco KBW High Dividend Yield Financial ETF (KBWD) a Strong ETF Right Now? Smart Beta ETF report for KBWD Zacks ? 7 days ago VFH Oklo CEO wants to make clean nuclear energy more accessible Energy and power grid constraints look to be the biggest hurdles for Big Tech to overcome in the industry's wider buildout of AI data center infrastructure. Tech players have begun investing in nuclear energy developers to find the clean energy output needed to power these expansions. Oklo Inc. (OKLO) is one of these names benefitting from the trend, its stock having jumped nearly 200% over the past month. The nuclear startup is backed by OpenAI CEO Sam Altman, who is also Oklo's chairman. Oklo Co-Founder and CEO Jake DeWitte joins Julie Hyman and Josh Lipton on Market Domination to talk about the long-term investments in small modular reactors (SMR) and the intricacies of these systems; Oklo doesn't expect to finish building its first SMR and producing power from it until 2027. "When you split an atom, you get almost 50 million-times more energy than when you combust like a molecule of natural gas or so. It's incredible," DeWitte tells Yahoo Finance. "What that means, then, is there's a lot of energy in nuclear fuel. And actually in almost all reactors, you only use about 5% of the fuel in one pass through the reactor. And there's reasons why long story short, is you could put more fuel in, it could run for longer. But that comes at increased cost for the added systems you would need to manage all that." US Secretary of Energy Jennifer Granholm told Yahoo Finance that her department's focus will be on ensuring these AI data centers are powered by clean energy, while understanding the challenge in widespread SMR adoption: "Nobody wants to be the one to buy the first one." Oklo has already inked energy partnerships with date center providersw Equinix (EQIX) and Wyoming Hyperscale. DeWitte describes the regular business model for nuclear systems as "clunky." "One of the things that we set out to do in the beginning was, was make it easier to buy what people really want from nuclear systems, in other words, make it easier to buy nuclear power because the clean, reliable, affordable power, that's the stuff people really want," DeWitte explains. "We're unique because we actually make that easy — we design, we own, we operate the plants, we contract someone to build them, and then we just sell the power out to the customers through off-take agreements. That makes it easy for them to buy what they want." For more coverage on Big Tech's adoption of nuclear energy, catch Yahoo Finance's respective interviews with X-energy CEO Clay Sell about Amazon's (AMZN) investment into the nuclear reactor designer and Kairos Power Co-Founder and CEO Mike Laufer's input on the nuclear startup's partnership with Alphabet's Google (GOOG, GOOGL). To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 7 days ago AMZN GOOG SMR Blockchain ETF (BLOK) Hits New 52-Week High Blockchain ETF hit a new 52-week high lately on the bitcoin rally. Zacks ? 8 days ago BLOK Nuclear stocks gain on AI optimism: Oklo, NuScale, Centrus Stocks related to nuclear energy, like Oklo Inc. (OKLO), NuScale Power Corp (SMR), and Centrus Energy (LEU), are on the rise as Big Tech companies turn to nuclear energy to power artificial intelligence (AI) data centers. Josh Lipton and Josh Schafer break down what investors need to know. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 8 days ago NNE LEU OKLO NYSE Arca Plans 22-Hour Trading Day for ETFs Top ETF exchange extends trading hours as global demand grows. etf.com ? 8 days ago FBT DIA JPST Fidelity Debuts Pair of Paris-Aligned Sustainable ETFs Fidelity expands with high-yield Euro and U.S. dollar corporate exposures. etf.com ? 9 days ago FENY FUTY FTEC Nasdaq, stocks up ahead of Mag 7 earnings, oil prices drop US stocks (^DJI, ^IXIC, ^GSPC) are moving on up at Monday's session open, as five of the Magnificent Seven tech names report earnings this week: Alphabet (GOOG, GOOGL), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), and Microsoft (MSFT). The Morning Brief's Brad Smith and Yahoo Finance markets and data editor Jared Blikre check out market and sector gains following the opening bell, noting crude oil (CL=F, BZ=F) price reactions to Israel's escalating conflict with Iran. 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 ? 9 days ago XLE ^GSPC Should You Invest in the First Trust NASDAQ Semiconductor ETF (FTXL)? Sector ETF report for FTXL Zacks ? 9 days ago FTXL Should You Invest in the Fidelity MSCI Financials Index ETF (FNCL)? Sector ETF report for FNCL Zacks ? 9 days ago VFH Sector Update: Financial Sector Update: Financial PREMIUM MT Newswires ? 11 days ago XLF Performance Overview Trailing returns as of 11/5/2024. Category is Large Value. Return MBOX Category YTD +19.05% +14.80% 1-Year +31.10% +29.70% 3-Year +10.93% +7.47%
