The New York Stock Exchange thrives after Trump’s re-election and u

The New York Stock Exchange ends the strong week, marked by a series of records and surprising increases in the main indexes, inspired by the election of Donald Trump for a second term. The S&P 500 crossed 6,000 points for the first time during the session, while the Dow Jones crossed 44,000 points briefly. Over the week, the Nasdaq posted a rise of 5.74%, supported by the rise of Tesla, whose stock jumped 29%, largely contributing to the Nasdaq’s gains.

Investors’ optimism has been boosted by promises from Trump, who plans to continue pro-business policies, with tax cuts and deregulation that favor businesses. The “Red Sweep” of the elections, which saw the Republicans take back the Senate and keep the House of Representatives, should make it easier to implement this program. That reinforced sentiments that economic growth could accelerate, which was reflected in the University of Michigan’s consumer confidence index rising to 73 points in November.

Federal Reserve (Fed) policy also plays an important role in this increase. The Fed recently lowered its key rate by a quarter point, for the second time in less than two months, which added to the enthusiasm of the market. However, long-term bond rates, such as 10-year T-Bonds, have not moved much, showing investor caution regarding the potential implications of this level of cut. Trump’s announcements regarding customs tariffs to stimulate domestic industry are also raising fears of a possible rise in inflation.

Despite this positive momentum, some stocks suffered. Airbnb fell 8% after quarterly profit fell less than expected, while Pinterest fell 14% after disappointing revenue forecasts. For its part, Salesforce saw its price rise 3.6%, after information revealed a major hiring plan for its artificial intelligence division.

Finally, the cryptocurrency sector also benefited from the business climate, with Bitcoin reaching a high above $76,000, boosted by expectations of lighter regulation. This could strengthen investor appeal for digital assets if the government applies a favorable framework for cryptocurrencies.

The New York Stock Exchange had a remarkable week, with indexes showing notable progress and positive prospects for American companies. It remains to be seen whether this stock market euphoria will continue, or whether trade tensions and questions about inflation will dampen the market’s momentum.