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China's Trade Data for October Shows a Jump in Exports
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%.
U.S. stock market close: Trump's trade sweeping the market, three major indexes hit historic highs together.
①Trump's election results exceeding expectations have boosted market sentiment, with all three major US stock indices hitting historic highs. Tesla surged by 14.75%, the six major US banks collectively hit new highs, most technology giants strengthened, and Bitcoin hit a record high. ②The photovoltaic and new energy sectors closely related to the concept of Harris' victory plummeted.
CORRECTION: Shares of US-listed Chinese Stocks Are Trading Lower
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SKYWalkers : no give and take, full speed ahead on tariff, removal of MFN, investigation on Wuhan Pneumonia, increasing technology ban, all within 2 years.
ChinaTaiwan Province SKYWalkers : FKY
SKYWalkers ChinaTaiwan Province : so rude
MonkeyGee OP SKYWalkers : let me ask you. what do you think that's going to accomplish? it's like two people fighting for the oar (paddle) on a boat that is sinking. Don't you think it's more beneficial to work together and seal the hole first? And don't forget all the sharks waiting in the water to take a bite!
PS - do you know who pays for tariff?
Maybe that's just me.
MonkeyGee OP ChinaTaiwan Province : okay, my comment is stupid, but you are the one that thinks it makes sense to kill each other off on in a sinking boat? you really can't teach stupidity.
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