US stocks hit new all-time highs on Monday, with the Dow Jones Industrial Average ending at highs.
The breakthroughs came two days after the botched assassination of former President Donald Trump at a military rally in Butler, Pennsylvania.
Investors are betting that the attack on Trump would contribute to his access to the White House in 2025.
This sentiment was evident in several trades during Monday’s session.
Solar Power Stocks Plunge, While Trump Media Stock
Bitcoin is also up 9% since the assassination attempt. Trump has endorsed Bitcoin as he seeks to bolster support for it, and he is expected to headline the Bitcoin convention in Nashville, Tennessee, later this month.
“This is a slightly positive reaction from the markets because we’ll have a less repressive regulatory environment and we’ll see that corporations are more likely to engage in mergers and acquisitions,” Bespoke co-founder Paul Hickey said of a possible Trump. victory. November.
At the same time, long-term bond yields rose on the prospect of higher inflation and fiscal policy expansion under a possible Trump presidency, with the yield on the 30-year U. S. Treasury outperforming the yield on the 2-year U. S. Treasury for the first time. since January.
Here’s where the US indices were at 4:00 p. m. final bell monday:
This is what today:
In commodities, bonds and cryptocurrencies:
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