Sky News Business Editor Ross Greenwood reports the US stock markets have gone "bonkers" after Donald Trump's election victory with an expectation the economy will pick up.
"The stock market went bonkers today -it really seen the Dow Jones Index's best performance in two years," Mr Greenwood said.
"The broader market, the S&P 500, the same, the tech NASDAQ, the same, and it was interesting the companies that were the strongest it was companies, such as the banks.
"Which will benefit because it is expected there will be lots of consumer spending, that interest rates might not fall as hard, that the economy will pick up in the United States because of Donald Trump."
Albo Will never learn . Just sack him
TRUMP 2024EVER!!!!
Albo…. The Joe Biden of Australia.
Unburdened by what has been…
you’re next Albo! and it can’t come soon enough!
Trump is literally overwhelming the spiritual world .we bless the Lord for the life of president trump .much love from Africa Uganda 🇺🇬
0:14 – Look at his smile. That already answered all my questions. I already know that he has made a f lot of money. Seems that the capitalist systems loves a president that gives it the room to thrive. Who could have thought that? 🤷🏼♂️
Good for economy 🎉🎉🎉🎉
The stock market rewarded those companies where the CEO clearly supported Trump. e.g. ORCL (Larry Ellison) up 5.5% on the day; Rather less for the Harris cheer squad.. e.g. AAPL (Tim Cook) down 0.33%.
Wonderful news! Well done.
@@memenstein1754 You not old enough to invest in stocks? It isn’t hard ask your mommy about it.
Entirety predictable. Trump will ensure that profits are maximised and wages minimised.
Quite likely Hansel
I live in America and made so much more money the first time he was president and the same will happen again. With demoncrats the inflation increased the cost of everything and they still did not raise wages. So your comment I find disturbing that you possibly have a chance to vote anywhere. Americans have voted the deomoncrats evil anti American agenda out by an ABSOLUTE LANDSLIDE!! ALL Americans have came together to end the pathetic woke agenda!!! TRUMP!!! Let’s make some money!!!🫡🇺🇸🇺🇸
😂. Calm down and take your hormones
I hope so. We need Trump to encourage people to invest. Even the ones sent broke by the Biden Harris administration. Like Bill Gates said, Ok I made a crappy jab but it ain’t my fault you were born broke.
You’re dead wrong – if you weren’t thriving before the pandemic and during- you’re not ever going to make it. Let’s get back to work!!! This is wonderful and it’s about to get better. Drill baby drill! ❤
I’ve tried investing in various things that didn’t work out as I hoped. Now, I’m looking at ETFs as a more reliable option. What are the best 5 ETFs for a beginner looking to invest a lump sum?