The Dow, S&P 500 and Nasdaq Composite hit a fresh round of new record highs as investor optimism continues following President-elect Donald Trump's historic White House win.
Australia’s Consumer, Business Sentiment Lift as Inflation Ebbs
(Bloomberg) -- Australia’s consumer sentiment rose in November while business confidence jumped to the highest level since early 2023, reflecting ebbing inflation pressures that suggest the next move in interest rates will be a reduction.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, Immi
BITX Surges as Bitcoin Hits New High
Leveraged bitcoin ETF gains as cryptocurrency market reacts to Trump victory and MicroStrategy’s latest purchase.
Trump's tax cuts could boost S&P 500 earnings by 20% over the next 2 years, Goldman Sachs says
Goldman Sachs estimated that each percentage-point cut to the corporate tax rate could boost S&P 500 earnings by slightly less than 1%.
Bitcoin has topped $87,000 for a new record high. What to know about crypto's post-election rally
As money continues to pour into crypto following Donald Trump's victory last week, bitcoin has climbed to yet another record high. This kind of currency is designed to work through an online network without a central authority — meaning it's typically not backed by any government or banking institution — and transactions get recorded with technology called a blockchain.
New Zealand’s Sputtering Economy Highlighted by Concrete Slump
(Bloomberg) -- New Zealand’s concrete production slipped to the lowest level in nine years, highlighting a construction slowdown in a sputtering economy.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationOutput fell 9.3% to 3.88 million cubic meters in the 12 months through Septemb
Why Altcoins Were On Fire Again Today
Top coins were setting new records in the continuation of a strong rally.
Trump Presidency Puts Markets on Bullish Path
Business-friendly regulations and disinflationary policies are believed to be on the agenda.
Container Market’s ‘Sustained Demand’ Banks $2.7 Billion Profit for CMA CGM
The ocean carrier also reneged on a recent decision to return to the Suez Canal via its India-to-U.S. East Coast Indamex service.
Stock market today: Indexes jump as post-election rally continues ahead of inflation data
October's CPI report will be released on Wednesday. The Trump trade continued to rally in the new week, with bitcoin reaching a record and Tesla surging.