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By Staff Reporters
SPONSOR: http://www.MarcinkoAssociates.com
BREAKING NEWS!
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- Stocks surged and stayed higher all yesterday day on news of Donald Trump’s presidential victory. The Dow rocketed over 1,350 points as soon as markets opened, and all three indexes ended the day at record highs.
- Treasury yields have paralleled Trump’s chances of taking the White House for the last few weeks, and his election sent them soaring to over 4.46% at one point today.
- Oil and gold both fell as the dollar rose after Trump’s win. The greenback popped on the promise of Trump’s protectionist tariff policies and the lower likelihood of the Fed cutting interest rates as fast as previously expected.
- Bitcoin surged as traders celebrated the beginning of the new, friendlier regulatory environment that Trump promised during his campaign.
CITE: https://www.r2library.com/Resource/Title/0826102549
Sector check-up
- Financials were the biggest sector mover Wednesday, up 6.16%, hitting a new high.
- Industrials were up 3.93% Wednesday, hitting a new high.
- Energy was up 3.54% in the session. It’s now 4.28% from the April high.
- Real Estate fell 2.64% during trading. It’s now 5.6% from the high.
- Consumer Staples fell 1.5%. The sector is 5.76% from the September high.
- Utilities fell 1%. It’s now 5.72% from the mid-October high.
- Duke Energy was flat over the past three months, and it is 6.3% from the October high.
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