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Tesla Shares Are Trading Higher on Continued Strength After Donald Trump Won the 2024 Presidential Election. Strength May Result From Elon Musk's Campaign Support and Anticipation That He May Be Part of the Administration.
Elon Musk's Net Worth Soars By $26.5 Billion In Single Day After Tesla Stock Surges Post-Trump Victory
Hong Kong stocks morning report on November 8: The Federal Reserve cut interest rates by 25 basis points, and guangzhou automobile group's cumulative sales volume in the first ten months decreased by over 17% year-on-year.
1. China Securities Regulatory Commission Vice Chairman Li Ming: The foreign shareholding limit for foreign securities fund futures companies has been lifted. Foreign institutions will receive national treatment in terms of business scope and regulatory requirements. 2. The Federal Reserve cuts interest rates by 25 basis points, marking the second consecutive rate reduction. 3. The People's Bank of China has suspended gold shareholding increases for the sixth consecutive month. 4. Zhong Shanshan has been the richest person in mainland China for four consecutive years.
US stocks closed: S&P, Nasdaq hit new historical highs again, china assets are on the rise and strong.
1. As the Fed cut interest rates as scheduled, US stocks and treasuries rose in coordination; 2. Chinese concept stocks performed strongly, with the Nasdaq China Golden Dragon Index up 3.5%; 3. Trump Media Technology Group plunged 22%; 4. After releasing financial reports, Qualcomm opened high and then traded low, while Arm opened low and then traded high.
Wall Street Closes At Record Highs After Reassurance From Powell: Magnificent 7 Hit $17 Trillion, Treasury Yields Erase Post-Election Spike
Tesla Options Spot-On: On November 7th, 2.99 Million Contracts Were Traded, With 7.48 Million Open Interest
