Stock market today: Dow hits another record as stocks rise

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Stock market today: Dow hits another record as stocks rise

//stocks-investing.news-articles.net/content/202 .. oday-dow-hits-another-record-as-stocks-rise.html

Published in Stocks and Investing on Tuesday, November 26th 2024 at 12:41 GMT by Thomas Matters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

U.S. stocks rose, with those benefiting the most from lower interest rates and a stronger economy leading the way

The article from ABC News discusses the positive movement in Asian stock markets following comments from former President Donald Trump, who suggested he would be a dictator only on "day one" if re-elected, focusing on closing the border and drilling for oil. This statement, made during a Fox News town hall, led to a rally in U.S. stocks, with the S&P 500 and Dow Jones Industrial Average both closing higher. In Asia, markets like Tokyo's Nikkei 225, Hong Kong's Hang Seng, and Australia's S&P/ASX 200 saw gains, while markets in China and South Korea were closed for holidays. The article also notes that despite the market's positive reaction, Trump's comments raised concerns about democratic norms. Additionally, the article touches on other economic news, including a slight increase in U.S. unemployment claims and a significant drop in oil prices due to a surprise build in U.S. crude inventories.

Read the Full ABC Article at [ https://abcnews.go.com/US/wireStory/stock-market-today-asian-shares-gain-after-trump-116190630 ]