Financial markets surged Tuesday as the closely fought 2024 presidential campaign finally wrapped up while investors also looked ahead to the Fed meeting later this week. The Dow Jones Industrial Average jumped more than 400 points, or 1%, to close at 42,221.88. The S&P 500 rallied 1.2% to finish at 5,782.76, and the Nasdaq shot…
It appears as if some people were surprised to see that President Joe Biden wasn’t on the ballot this year. According to Google Trends, search results for “did Joe Biden drop out” have peaked this week, and are spiking on Election Day, even though the president had dropped out of the 2024 race this summer…
We’re almost there, America. After months of commercials, texts, and rhetoric, the 2024 U.S. election is finally in the home stretch as Americans (who haven’t already voted) head to the ballot box. On Tuesday night, the polls will no longer matter. The only numbers that will be focused on are the ones from ballots. And…
I had never been very interested in politics, especially not in politics far from Palestine or Israel. Since starting in the field of journalism, I have mostly written stories about society and culture, the arts, social life, and sports. And I never followed the American elections—until 2016, when CNN asked me to produce a report…
One of the most hyped market-moving events of the year has arrived. Americans have headed to the polls Tuesday to vote in a presidential election between Donald Trump and Kamala Harris. The outcome could have an impact on financial markets for the rest of the year and beyond. For the broader market, Wall Street strategists…
Election Day is here, and investors are on edge. The race between Vice President Kamala Harris and former President Donald Trump, as well as the battle for Congress, are down to the wire. The outcome will be consequential for markets on many fronts, including dictating policies that could hurt, or boost, different industries, as well…
Trump Media & Technology Group Corp., the parent company of the former president’s Truth Social platform, jumped more than 15 per cent on Tuesday as voters head to the polls. The stock, which trades as the ticker symbol DJT, is notoriously volatile and is broadly considered a meme stock. The former president’s odds improved in…
By Antoni Slodkowski, Liz Lee and Larissa Liao BEIJING (Reuters) – As Americans voted in one of the tightest presidential elections in decades, China braced for an outcome that – regardless of who wins – would spell four more years of bitter superpower rivalry over trade, technology and security issues. Strategists in Beijing said that…
Picture an interrogation room with a single chair under a bright light. On that chair sits an apostrophe (we’d get Michael Cera to play him). He’s covered in flop sweat, trying to answer investigators’ questions about where he was during Joe Biden’s Zoom call with Latino voters. Sorry, that’s just me imagining the movie version…
Traders work on the floor of the New York Stock Exchange. NYSE The closest presidential races have brought stronger relief rallies, according to data from past election cycles analyzed by CNBC. The S&P 500 has gone on to gain around 1.5% on average between Election Day and the end of that respective calendar year, data…