*Trump Wins, Wall Street Spins: Stocks Jump as Market Bets on a Second Term!*
U.S. stocks took a sharp rise Monday, led by companies investors believe could thrive under Trump’s second term. While Big Tech faced some bumps, other key players surged, keeping the indexes moving upward.
The S&P 500 barely moved, with a 0.1% rise, but it’s coming off a fantastic week, riding high on Trump’s win and a rate cut from the Fed. The Dow Jones added 304 points (0.7%), and the Nasdaq crept up by 0.1%.
Tesla was the real star, rocketing up 9.1% and helping the S&P stay on top. Elon Musk’s close ties with Trump have definitely paid off, with Tesla’s stock surging nearly 15% post-election and continuing to climb.
The “Trump trade” excitement is fueling some sectors. JPMorgan Chase jumped 1%, and financial stocks took the lead, boosted by hopes of stronger growth, lighter regulations, and a wave of mergers. Wall Street’s also buzzing about potential big-name tie-ups. Rumors of a merger between Cigna and Humana sent Cigna’s stock up 7.3%, though Humana took a 2% dip after Cigna confirmed there’s no deal in the works.
Markets are in full throttle mode as they look to Trump’s next term—who’s winning and who’s spinning?#