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News in English (USA) / 11.11.2024 / 22:00

Wall Street Reaches New Heights as Post-Election Rally Gains Momentum

In a significant surge in financial markets, Wall Street indices have reached record highs, buoyed by a post-election rally that followed a major political victory. The Dow Jones Industrial Average jumped over 300 points, while the S&P 500 and Nasdaq also recorded impressive gains, with the S&P 500 breaking the 6,000 barrier for the first time. Adding to the excitement in the markets, Bitcoin skyrocketed above $86,000, hitting a new all-time high. Analysts attribute the rally to a combination of investor optimism following the election results and strategic decisions such as Fed interest rate cuts. The movement reflects a broader trend in U.S. stocks, which have seen their best week in over a year. As the market continues to display strength, investors eagerly anticipate potential future gains.
Reuters, Yahoo Finance, The Wall Street Journal, "Investors Business Daily", The Associated Press, TheStreet, MarketWatch, Investopedia, Bloomberg, Nasdaq