U.S. stocks ended mixed in whipsaw trading, with the Dow Jones Industrial Average edging higher to another record in its best week in five years, as investors speculate how Donald Trump’s policies will impact the economy and interest rates. Small caps in the Russell 2000 surged.
The S&P 500 Index slid 0.1 percent to 2,164.37 at 4 p.m. in New York, paring its best weekly gain since 2014. The Nasdaq 100 Index rose 0.1 percent as large-cap technology shares rebounded from a slide. The Dow rose to 18,847 for a second consecutive record close. The Russell 2000 Index surged 2.5 percent, extending its rally this week to 10 percent. U.S. bond markets were closed for the Veterans Day holiday.
The Dow rose 218 points Thursday and closed at a record high for the second day in a row.
And why not? It's fitting that following the most unusual presidential election campaign in recent history, the stock market is also reacting in atypical fashion.
In b4 an SJW claim a random article on the net claiming the stock market will plunge in the next few days is imminent will be posted to refute this thread. Of course it will come down, and stabilize but the media will always portray the narrative to be "oh no, the stock market is crashing!".
Like I said, we shall see. Last time I checked, Obama is still the president.
You have literally no idea about how the stock market works uh, it's all about expectancy, just keep hating on Trump on threads that don't require this kind of knowledge
You have literally no idea about how the stock market works uh, it's all about expectancy, just keep hating on Trump on threads that don't require this kind of knowledge
lmfao please sit your ass down. speak for yourself. don't assume everyone on here is young and gay who still attends high school.
You have literally no idea about how the stock market works uh, it's all about expectancy, just keep hating on Trump on threads that don't require this kind of knowledge 