The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) notch new record highs at Thursday's market close as the Federal Reserve opted to cut interest rates by 25 basis points at its November meeting today.

Yahoo Finance markets and data editor Jared Blikre joins Josh Lipton on Asking for a Trend to examine several of the sectors benefitting the most from the post-election rally attributed to former President Donald Trump's reelection, while also eyeing Treasury yields (^TYX, ^TNX, ^FVX) and the US dollar (DX-Y.NYB).

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Luke Carberry Mogan.