HomeMarketsU.S. Economy & JobsStock Market This Week: TSLA Leads Trump Rally, Fed Cuts 25BPS, PLTR Soars

Stock Market This Week: TSLA Leads Trump Rally, Fed Cuts 25BPS, PLTR Soars

Markets got a huge rally that led to new all-time highs for the SPX, NDX and $DJI. Donald Trump named as the president-elect paved the way to that rally, with Tesla (TSLA) and crypto stocks leading many of those trades. Fed chair Jerome Powell bolstered investor confidence by cutting rates another 25BPS. Palantir (PLTR) rallied to an all-time high after reporting a big beat on earnings. Oliver Renick takes us through the week's biggest stories on the Wrap.

08 Nov 2024

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