How major US stock indexes fared Wednesday, 11/6/2024

U.S. stocks stormed to records arsenic investors stake connected what Donald Trump’s return to nan White House will mean for nan system and nan world

U.S. stocks stormed to records arsenic investors stake connected what Donald Trump’s return to nan White House will mean for nan system and nan world.

The S&P 500 jumped 2.5% Wednesday for its champion time successful astir 2 years. The Dow Jones Industrial Average surged 1,500 points, and nan Nasdaq composite gained 3%.

Big slope stocks led nan measurement connected expectations that Trump’s policies will lead to stronger economical maturation and little regulation. Bitcoin besides jumped to a record, while Treasury yields ran higher amid worries astir bigger U.S. authorities borrowing and higher inflation. The U.S. dollar jumped against different currencies.

On Wednesday:

The S&P 500 roseate 146.28 points, aliases 2.5%, to 5,929.04.

The Dow Jones Industrial Average roseate 1,508.05 points, aliases 3.6%, to 43,729.93.

The Nasdaq composite roseate 544.29 points, aliases 3%, to 18,983.47.

The Russell 2000 scale of smaller companies roseate 132.08 points, aliases 5.8%, to 2,392.92.

For nan week:

The S&P 500 is up 200.24 points, aliases 3.5%.

The Dow is up 1,677.74 points, aliases 4%.

The Nasdaq is up 743.55 points, aliases 4.1%.

The Russell 2000 is up 182.79 points, aliases 8.3%.

For nan year:

The S&P 500 is up 1,159.21 points, aliases 24.3%.

The Dow is up 6,040.39 points, aliases 16%.

The Nasdaq is up 3,972.11 points, aliases 26.5%.

The Russell 2000 is up 365.85 points, aliases 18%.