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Why SolarEdge Stock Dropped, Then Popped Today, and Why Sunnova and Daqo New Energy Are Moving, Too
Trump sparks a rally in the US dollar! US stocks and bitcoin hit new highs, with the Dow rising 1500 points, small cap stocks surging, while US bonds and metals plummet.
Dow rises to the best level in two years, small cap index rises nearly 6%, banking stocks rise over 10%, oil, steel, and crypto stocks surge, European and American solar stocks all collapse, Trump media technology rises by almost 35% before closing up by about 6%, Tesla rises by nearly 15% to a two-year high, Qualcomm rises by 10% after the bell. Chinese concept stocks narrow their declines, NIO Inc and Zeekr drop over 5%. 10-year US Treasury yield rises the most by 20 basis points nearing 4.48%, reaching a four-month high along with a 1.7% rise breaking 105 in the USD index, Bitcoin rises by 9% nearing $0.076 million, offshore RMB drops by a thousand points to below 7.20, a three-month low, Euro and Yen once fell by 2%. Gold drops over 3%, London copper drops over 4%.
Asian Equities Traded in the US as American Depositary Receipts Decline in Wednesday Trading
Express News | U.S.-Listed Shares of Chinese Firms Drop Premarket on Worries Over Growing U.S.-China Trade Tensions Under Trump Presidency
Clean-Energy Stocks Rally as Poll Raises Hope for Harris Win -- Barrons.com
Recent 8.1% Pullback Isn't Enough to Hurt Long-term Daqo New Energy (NYSE:DQ) Shareholders, They're Still up 220% Over 5 Years
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