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☆ Bull market revs back up on Trump enthusiasm as traders race to grab small caps, banks and Tesla
▼ + stars: | 2024-11-09 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

For one, the market was already in a sturdy uptrend, the S & P ahead by 20% in 2024 by October. Now, the S & P is up 44% in the past 18 months and the P/E is above 22 on more elevated margins. Here's the S & P 500 Value vs Growth relationship since 2014. His call is for investors to fade any near-term rally that takes the S & P above his 6100 "bull case" target for year end. For sure, the S & P 500 is by some measures running a bit hot, pushing above the top end of its two-year bull-market path.

Persons: Donald Trump's, Jay Powell, Trump, Cyclicals, Russell, YTD, Doug Ramsey, we're, reflating, Scott Chronert, Goldman Sachs Organizations: Republican, Trump Trade, Federal, Treasury, financials, Nasdaq, Group, Investment, Trump, Russell, Citi Locations: upending Washington, U.S, year's

☆ Oil prices fall as Hurricane Rafael expected to start weakening
▼ + stars: | 2024-11-08 | by ( ) www.cnbc.com time to read: +1 min

Mobile offshore drilling units stand in the Port of Cromarty Firth in Cromarty, U.K., on Tuesday, June 23, 2020. Oil prices fell slightly on Friday as the risk that a hurricane in the Gulf of Mexico will affect U.S. oil and gas output declined while the market continues to weigh how President-elect Donald Trump's policies might affect supplies. Brent crude oil futures fell 26 cents, or 0.3%, to $75.37 per barrel by 0209 GMT. U.S. West Texas Intermediate (WTI) crude gained 35 cents or 0.5% to $72.01. A strong dollar makes oil more expensive for other currency holders and tends to weigh on prices.

Persons: Donald Trump's, Brent, Rafael Organizations: . West Texas, U.S, National Hurricane Center Locations: Port, Cromarty, Gulf, Mexico, Brent, of Mexico, U.S, Iran, Venezuela, China

☆ Gold ticks lower but holds near key $2,700 level
▼ + stars: | 2024-11-08 | by ( ) www.cnbc.com time to read: +2 min

Argor Heraeus SA-branded one kilogram gold bars are arranged for a photograph at the Chinese Gold and Silver Exchange Society in Hong Kong, China. Gold prices eased on Friday but hovered around the $2,700 level, as traders assessed the impact of Donald Trump's presidency and its implications for the U.S. interest rate outlook. Spot gold fell 0.4% to $2,697.19 per ounce as of 0251 GMT and was headed for a weekly loss. Gold prices are marginally pressured due to the market's uncertainty over U.S. political and policy developments, said Kyle Rodda, financial market analyst at Capital.com. Spot silver fell 0.8% to $31.75 per ounce, platinum fell 0.2% to $994.80 and palladium shed 0.21% to $1,022.36.

Persons: Argor, Donald Trump's, Kyle Rodda, Rodda, Brian Lan Organizations: Argor Heraeus, Silver Exchange Society, U.S, Federal Reserve, GoldSilver, Gold Locations: Hong Kong, China, Singapore, Beijing

☆ European markets expected to open in mixed territory after Fed, Bank of England cut interest rates
▼ + stars: | 2024-11-08 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Skyscrapers on the skyline in the financial district of Frankfurt, Germany, on Monday, Nov. 4, 2024. European markets were expected to open in mixed territory on Friday, as investors awaited corporate results and reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England. It comes as market participants continue to take in political upheaval in Germany and Donald Trump's historic presidential election victory this week. Elsewhere, Asia-Pacific markets were mixed on Friday, with investors closely monitoring the final day of China's National People's Congress, which is expected to announce fiscal stimulus measures. On Wall Street, U.S. stock futures gained marginally after the S&P 500 and Nasdaq Composite notched fresh records in a post-election rally.

Persons: Germany's DAX, Donald Trump's, Chancellor Olaf Scholz, Christian Linder, Scholz Organizations: U.S . Federal Reserve, Bank of England, France's CAC, IG, People's Congress, Nasdaq Locations: Frankfurt, Germany, Asia, Pacific, U.S

☆ How making money as an influencer has changed in a decade
▼ + stars: | 2024-11-08 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Making money as an influencer has changed a lot in 10 years, with multiple potential income streams. Ten years ago, one estimate from the influencer marketing agency Billion Dollar Boy placed the industry's value at just $200 million. Making money as an influencer has changed a lot since then, both in terms of how much individual creators can make and how. Related storiesLiam Parkinson, the cofounder of Inflverse, a financial management platform for creator agencies, made a name for himself as a content creator on YouTube. AdvertisementThere's also a push for authenticity in creator marketing, with audiences getting tired of relentless ads.

Persons: —, It's, Nirozen Thav, Liam Parkinson, Parkinson, Katya Varbanova, Varbanova, Jacob Lucas, Lucas, Savannah Britt, Britt, There's, Dominic Smales, isn't, Logan Paul Organizations: Forbes, Service, YouTube, BI, Brittprint Agency, Brands, Gleam Futures, GloMotion Studios, Inflverse, D'Amelio Locations: Feastables

☆ CNBC Daily Open: Powell emphasizes that elections won't sway Fed's policy
▼ + stars: | 2024-11-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Andrew Caballero-Reynolds | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Powell, in yesterday's press conference, maintained that "the election will have no effect on our policy decisions." According to the futures market, just 30.4% of traders think the Fed will cut rates again in January. "By December, we'll have more data, I guess one more employer report, two more inflation reports and lots of other data," Powell said.

Persons: Jerome Powell, William McChesney Martin Jr, Andrew Caballero, Reynolds, Jim Reid, Trump, Scott Helfstein, Powell, we'll, that's, —, Jeff Cox, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Alex Harring Organizations: Federal Reserve, AFP, Getty, CNBC, Deutsche, Tech, Apple, Nvidia, Nasdaq, Dow Jones, Global, Congress, Fed Locations: Washington , DC

☆ Asia-Pacific markets poised to climb after Fed rate cut; China's NPC in focus
▼ + stars: | 2024-11-08 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

People visit a riverside in front of the Lujiazui financial district, during the National People's Congress (NPC) in Shanghai, China, March 7, 2023. Aly Song | ReutersAsia-Pacific markets were set to climb on Tuesday, after the U.S. Federal Reserve cut interest rates by 25 basis points and major U.S. indexes continued their postelection rally. In Japan, the country will be releasing spending data for September, which will offer clues to the policy path ahead for the Bank of Japan. Strong spending data would support the case for the BOJ to raise rates, and vice versa. If stocks follow futures, the Hong Kong index will hit its highest level in about a month.

Persons: Aly Song, Australia's Organizations: National People's Congress, Reuters, U.S . Federal Reserve, China's National People Congress, Bank of Japan, Nikkei Locations: Shanghai, China, Reuters Asia, Pacific, U.S, Asia, Japan, Chicago, Osaka, Hong Kong

Trump picked up a larger portion of voters under 30 than any Republican presidential candidate since 2008, according to NBC News exit polling, improving with both young men and young women. In 2020, President Joe Biden beat Trump by 11 percentage points among young men; this year, Trump beat Kamala Harris by 2 points. Among young women, Biden’s 35-point lead over Trump in 2020 shrunk to a 24-point lead for Harris. Among young white men without college degrees, Trump beat Harris, 56% to 40%. “Every candidate and party had an opportunity to really listen to young voters and hear what they really wanted,” Kawashima-Ginsberg said.

Persons: Donald Trump’s, “, Adin Ross, Theo Von, Bussin, Joe Rogan, ” Dana White, Trump, Joe Biden, Kamala Harris, Harris, “ it’s, ”, Kei Kawashima, Ginsberg, Young, Kawashima, Rogan, influencers, Jake Paul, ” Kawashima, Ryan Jones, Jones, would’ve, Jaiveer Bajwa, Kaeli Bennet, Barron Trump, Joe Rogan’s, Barron, Sobolewski, Von, ” Trump, Von’s, Alex Cooper’s “, Gen, Harris ’, Anil Cacodcar, you’re, ” Cacodcar Organizations: Trump, Republican, NBC, Tufts University’s Center for Information, Research, Civic, Edison Research, Harris ’, Trump ., YouTube, Harvard, Biden Locations: United States, Pennsylvania, Ohio

☆ Polymarket plans U.S. return after signaling Trump election win, founder says
▼ + stars: | 2024-11-07 | by ( Jacqueline Corba | ) www.cnbc.com time to read: +1 min

Online election betting platform Polymarket plans to bring its prediction markets back to customers in the United States, on the heels of accurately forecasting the electoral win of President-elect Donald Trump. "I want to give a lot of credit to the people who fought the battle to go and legalize political prediction markets in America," Polymarket founder and CEO Shayne Coplan told Andrew Ross Sorkin on "Squawk Box," in his first live TV interview Thursday. Polymarket's betting platforms are currently only available to customers outside of the United States. In 2022, it halted U.S. operations and paid a $1.4 million penalty to settle charges with the Commodity Futures Trading Commission that it had failed to register with the commission. In October, the U.S. Appeals Court for the District of Columbia Circuit lifted a freeze on competitor Kalshi's election contracts that was put on by the Commodities Futures Trading Commission.

Persons: Donald Trump, Shayne Coplan, Andrew Ross Sorkin, Patricia Millett, Kalshi, Robinhood, Thomas Peterffy Organizations: Futures Trading Commission, Appeals, District of Columbia Circuit, Commodities Futures Trading Commission, Interactive Locations: United States, America, U.S

☆ Stock futures are little changed as Wall Street looks to extend postelection rally: Live updates
▼ + stars: | 2024-11-07 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during the morning trading on November 07, 2024 in New York City. U.S. stock futures hovered near the flatline Thursday night after the S&P 500 and Nasdaq Composite hit records in a postelection rally and investors weighed the Federal Reserve's latest interest rate cut. S&P 500 futures and futures tied to the Dow Jones Industrial Average added just 0.03% and 0.05% each. The moves higher continue the market rally from Wednesday in the wake of President-elect Donald Trump's victory, during which the Dow and S&P 500 rose to their best days since November 2022. The postelection surge put all three of the major averages are on pace for strong weekly gains, with the S&P 500 up about 4.3% and the Dow higher by nearly 4%.

Persons: Dow, Donald Trump's, Jerome Powell, Scott Helfstein, Trump Organizations: New York Stock Exchange, Nasdaq, Dow Jones, Dow, Global, Republican, Fed Locations: New York City . U.S, Thursday's

☆ Japan's Nikkei set to retake 40,000 mark after Trump election victory; Hong Kong poised to slip
▼ + stars: | 2024-11-07 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

The font entrance of the Tokyo Stock Exchange (TSE) in Tokyo, Japan, on Monday, Aug. 5, 2024. Asia-Pacific markets are set to mostly climb on Thursday, after former President Donald Trump won the White House, defeating Vice President Kamala Harris in the 2024 presidential election. NBC News projects that Trump will win at least 291 Electoral College votes, including key swing states of Pennsylvania, North Carolina and Georgia. Stocks surged in the U.S. after Trump's win, and the same phenomenon is set to repeat itself in Asia. Japan's Nikkei 225 is set to retake the 40,000 mark for the first time in about a month.

Persons: Donald Trump, Kamala Harris, Stocks Organizations: Tokyo Stock Exchange, White, NBC News, Trump, Electoral, Japan's Nikkei, Nikkei Locations: Tokyo, Japan, Asia, Pacific, Pennsylvania, North Carolina, Georgia, U.S, Chicago, Osaka

☆ Traders see good chance the Fed cuts again in December then skips in January
▼ + stars: | 2024-11-07 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Federal Reserve Chair Jerome Powell speaks during a news conference following the Nov. 6-7, 2024, Federal Open Market Committee meeting at William McChesney Martin Jr. Federal Reserve Board Building in Washington, D.C., on Nov. 7, 2024. ET, market pricing pointed toward a 67% chance of another quarter-point cut in December and a 33% chance of a pause that month, according to the CME FedWatch Tool. The probability of a quarter-point December rate cut rose to more than 70% following the meeting, while the chances of a pause slipped to nearly 29%. Future rate probabilities found in the CME FedWatch Tool are derived from trading in 30-day fed funds futures contracts. Meanwhile, the odds that the Federal Reserve would skip an interest rate cut in January was around 71%.

Persons: Jerome Powell, William McChesney Martin Jr, —, Jeff Cox Organizations: Federal Reserve, Washington , D.C, Federal Locations: Washington ,, U.S

☆ Oil prices regain ground as investors eye U.S. election fallout
▼ + stars: | 2024-11-07 | by ( ) www.cnbc.com time to read: +2 min

Oil prices edged up on Thursday following a sell-off triggered by the U.S. presidential election, as risks to oil supply from a Trump presidency and a hurricane building in the Gulf Coast outweighed a stronger U.S. dollar and higher inventories. Brent crude oil futures rose 26 cents, or 0.35%, to $75.18 per barrel by 0125 GMT. Trump's election had initially triggered a sell-off that pushed oil prices down by more than $2 as the U.S. dollar rose to its highest level since September 2022. Donald Trump is expected to reimpose his "maximum pressure policy" of sanctions on Iranian oil. U.S. crude inventories rose by 2.1 million barrels to 427.7 million barrels in the week ending on Nov. 1, the U.S. Energy Information Administration said on Wednesday, compared with expectations for a 1.1 million-barrel rise.

Persons: Tony Sycamore, Brent, Donald Trump, Trump, Biden, Hurricane Rafael Organizations: U.S, Trump, Brent, . West Texas, IG, U.S . Bureau of Safety, Environmental Enforcement, U.S . Energy, Administration Locations: Gulf, Iran, Venezuela, China, North America, Hurricane, U.S . Gulf, Mexico

☆ Gold hits over 3-week low as dollar gains on Trump win; Fed verdict looms
▼ + stars: | 2024-11-07 | by ( ) www.cnbc.com time to read: +2 min

A one-kilogram gold bar sits at Gold Investments Ltd. bullion dealers in this arranged photograph in London, U.K., on Wednesday, July 29, 2020. Gold prices touched a more than three-week low on Thursday, as the dollar strengthened after Donald Trump's win in the U.S. presidential election, while focus was also on the Federal Reserve's interest rate decision later in the day. Spot gold fell 0.1% to $2,656.34 per ounce, as of 0327 GMT, after hitting its lowest level since Oct. 15 earlier in the session. Bullion hit a record high of $2,790.15 last week and has lost more than $130 since then. Still expect prices to hit $3,000 next year," said Peter Fung, head of dealing at Wing Fung Precious Metals.

Persons: Donald Trump's, Bullion, Trump, Kelvin Wong, OANDA's, Peter Fung Organizations: Gold Investments, U.S, Asia Pacific, Metals Locations: London, Asia

☆ The Gen Z Gospel of Wealth: Manifesting on TikTok
▼ + stars: | 2024-11-07 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +8 min

Sarah Perl, who goes by the TikTok handle @hothighpriestess, says she has a successful career and relationship because she manifested both. Many of her recent posts focus on manifesting love, and they're particularly aimed at young women who want romantic relationships with men. She's not just saying that to the universe; she's feeding the TikTok algorithm, which likely sends her content to other young women. "I view manifesting almost like the For You page: Where you put your attention is where your life will end up going." For Gen Z, the divide between the divine and the digital can be razor thin.

Persons: Sarah Perl, She's, journaling, Ariana Grande, Gen, Zers, Z, Gen Zers, Amy Wu, Wu, they're, Sydney Stanback, Stanback, Shanna Watkins, Watkins, affirmations, ChatGPT, Emily McDonald, TikTok, isn't Organizations: Dua, Survey Center, University of Queensland Locations: Los Angeles, Dua Lipa, Dallas, Australia

☆ Trump is about to make the Fed's job a lot harder
▼ + stars: | 2024-11-07 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Donald Trump's election victory is set to make the Federal Reserve's job more difficult. His tariff and immigration plans are expected to stoke inflation, complicating the Fed's policy decisions. Trump has also said he'd like a say in setting monetary policy, which would erode Fed independence. Donald Trump's election win brings his vision of hefty trade tariffs and a sweeping immigration crackdown closer to becoming reality. A study from the Peterson Institute of International Economics said interfering with the Fed's independence could cost the economy $300 billion and drive inflation higher.

Persons: Donald Trump's, Trump, —, it's, Glen Smith, Smith, Paul Krugman, Trump's, Jerome Powell, Powell Organizations: stoke, Service, Treasury, GDS Wealth Management, Fed, Fed Trump, Peterson Institute of International Economics, Pantheon Macroeconomics, Trump Locations: China

☆ More Iran sanctions and 'drill baby, drill': Oil market's future is still uncertain under Trump
▼ + stars: | 2024-11-06 | by ( Natasha Turak | ) www.cnbc.com time to read: +4 min

Luke Sharrett | Bloomberg | Getty ImagesU.S. oil producers are looking forward to less regulations on crude production under a Donald Trump presidency, meaning higher oil supply and consequently lower prices. At the same time, the increased likelihood of trade wars under Trump could dampen global economic growth and slow oil demand. "But medium-term downside risk to oil demand and thus oil prices from downside risk to global GDP from a potential escalation in trade tensions." watch nowTrump expressed his enthusiasm for increased U.S. oil production while giving a speech from the Republican campaign headquarters in Florida on Wednesday, just hours before his victory was confirmed. "The only thing that will cause drill baby drill to happen is higher oil prices based on these margins."

Persons: St, Luke Sharrett, Donald Trump, it's, Trump, Goldman Sachs, Robert F, Kennedy, Jr, Bobby, Biden, Cole Smead, Smead, Patrick Pouyanne Organizations: Chevron Corp, Bloomberg, Getty, Trump, Republican, West Texas Intermediate, Brent, Smead, Energy Information Administration, CNBC, doesn't Locations: Malo, Gulf of Mexico, Louisiana, U.S, Iran, Florida, Saudi Arabia, Russia, Abu Dhabi

☆ Jim Cramer's top 10 things to watch in the stock market Wednesday: Trump victory edition
▼ + stars: | 2024-11-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Donald Trump, Tesla, Elon Musk, Trump, Gary Gensler, Jim Cramer's, Jim Cramer, Jim Organizations: NBC, Senate, Treasury, Federal Reserve, Trump, Tesla, Club, Justice Department, Apple, DOJ, FTC, Microsoft, Taiwan Semiconductor Manufacturing Company, SEC, Jim Cramer's Charitable, CNBC Locations: China, Taiwan, Mexico

☆ WTI crude oil futures fall as polls start closing in U.S. election
▼ + stars: | 2024-11-06 | by ( ) www.cnbc.com time to read: 1 min

Oil well pump jacks operated by Chevron Corporation in San Ardo, California, on April 27, 2021. U.S. West Texas Intermediate (WTI) crude future s fell on Wednesday as presidential election polls were closing in the United States. WTI dropped 23 cents, or 0.3%, to trade at $71.76 per barrel at 0053 GMT. Brent crude oil futures starts trading at 0100 GMT. Republican Donald Trump has won Indiana, Kentucky and West Virginia in Tuesday's presidential election while Democrat Kamala Harris captured Vermont, Edison Research projected, as polls closed in the first nine U.S. states, including Georgia and North Carolina.

Persons: WTI, Republican Donald Trump, Kamala Harris Organizations: Chevron Corporation, . West Texas, Brent, Republican, Indiana, Edison Research Locations: San Ardo , California, United States, Indiana , Kentucky, West Virginia, Vermont, Georgia, North Carolina

☆ Dow set to surge more than 1,200 points as Trump is reelected
▼ + stars: | 2024-11-06 | by ( David Goldman | ) edition.cnn.com time to read: +5 min

Markets, in particular, crave certainty, and the clear path forward will allow companies to adjust their business and hiring plans. But stocks may also be reacting to Trump’s victory, in particular. Trump flipped several swing states from President Joe Biden’s 2020 victory, and Republicans also took control of the Senate. So Trump’s victory, at least for now, appears to be keeping those rates somewhat higher. Other so-called Trump trades, including shares of his social media stock, Trump Media & Technology Group, surged Wednesday morning.

Persons: Donald Trump, Trump, Joe Biden’s, refocusing, Sam Stovall, Bitcoin, Crypto, Trump’s, Germany’s DAX, Australia’s, ”, Neil Newman, Hong, ” Daniel Murray Organizations: New, New York CNN —, Dow, Nasdaq, Republicans, Fed, JPMorgan, Democratic, CFRA Research, Gross, Treasury, Trump, Trump Media & Technology Group, CAC, Nikkei, Advisory, EFG Asset Management Locations: New York, Europe, Asia, China, Tokyo, Shanghai

☆ European stocks head for lower open as global markets focus on U.S. vote count
▼ + stars: | 2024-11-06 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European stocks are heading for a lower open Wednesday as global markets focus on the vote count following the U.S. presidential election. Global markets are focusing on the results emerging from key battleground states that are expected to determine the winner of the presidential race between former President Donald Trump and Vice President Kamala Harris. Trump won the electoral vote heavy prizes of Texas and Florida, as well as battleground states of Georgia and North Carolina. Republicans are expected to regain their majority control of the U.S. Senate in 2025, according to NBC News. U.S. stock futures rose sharply in overnight trading as investors started to speculate that Trump could have an edge in the presidential race.

Persons: Germany's DAX, Donald Trump, Kamala Harris, Trump, Harris Organizations: U.S, France's CAC, IG, Global, NBC News, U.S . Senate, NBC, Republicans, Federal Locations: U.S, Texas, Florida, Georgia, North Carolina, New York, California, Virginia, Asia, Pacific

☆ We're locking in profits on 2 stocks that are surging on Trump's election win
▼ + stars: | 2024-11-06 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Shortly after the opening bell, we will be selling 150 shares of Morgan Stanley at roughly $128.81 and 240 shares of Wells Fargo at roughly $71.02. There's strength across the board in premarket trading, with Wells Fargo ripping 10% higher, Morgan Stanley up more than 8%, and fellow Club holding BlackRock jumping more than 4%. Wells Fargo is one of the biggest winners in the group because there are greater odds its Federal Reserve-imposed asset cap will be removed. That's very positive for the future earnings of investment banks like Morgan Stanley and Goldman Sachs . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Morgan Stanley, Jim Cramer's, Donald Trump, Wells, Trump, Wells Fargo, Goldman Sachs, There's, —, Trump's, Jim Cramer, Jim Organizations: WFC, Republican, NBC, Trump, Club, BlackRock, White House, Federal, CNBC Locations: Wells Fargo, Wells

☆ Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win
▼ + stars: | 2024-11-06 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +7 min

Amazon founder and Executive Chairman Jeff Bezos celebrated Trump's win in a post on X, calling it an "extraordinary political comeback and decisive victory." Trump repeatedly took aim at Bezos' ownership of the Post, Amazon's tax record and its relationship with the Postal Service. Apple CEO Tim Cook congratulated Trump on his victory in a post on X. OpenAI CEO Sam Altman said in a post on X that he hopes Trump will see "huge success in the job." Meta CEO Mark Zuckerberg called Trump's election win a "decisive victory" and said he looks forward to working with the Trump administration.

Persons: Sam Altman, Jeff Bezos, Donald Trump, JD Vance, Trump, Bezos, Kamala Harris, Andy Jassy, Jassy, Tim Cook, Cook, Mark Zuckerberg, Zuckerberg, Elon, Musk, Trump's, Tesla, Sundar Pichai, he's, Satya Nadella, Reid Hoffman, Hoffman, Harris, Gelsinger, Arvind Krishna, Chuck Robbins, Uber, Dara Khosrowshahi, Aaron Levie, Michael Dell Organizations: Economic, Amazon, U.S, Washington Post, Postal Service, Trump, Post, Democratic, Apple, Facebook, SpaceX, White, America PAC, Google, Microsoft, Venture, LinkedIn, Intel, Biden, IBM, Cisco, Dell Technologies Locations: Davos, Switzerland, Glasgow, Scotland, Pennsylvania, Bezos, United States, U.S

☆ Stock futures are little changed after major post-election rally as focus shifts to Fed: Live updates
▼ + stars: | 2024-11-06 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

US election news on a screen on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 6, 2024. Stock futures are near flat Wednesday night after a huge market rally following Donald Trump's decisive victory in the presidential election. Futures tied to the Dow Jones Industrial Average added 25 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures both traded marginally above flat. The Dow, S&P 500 and Nasdaq Composite all notched new all-time highs in the session, while the small cap-focused Russell 2000 jumped more than 5%.

Persons: Donald Trump's, Dow, Russell, Scott Helfstein, Jerome Powell's Organizations: New York Stock Exchange, Stock, Traders, Dow Jones, Nasdaq, U.S ., Global, CME Group's, Moderna, Warner Bros Locations: New York

☆ Asia-Pacific markets open higher as Wall Street rallies ahead of U.S. election results
▼ + stars: | 2024-11-06 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. SINGAPORE — Asia-Pacific markets opened higher Wednesday after Wall Street surged overnight ahead of the U.S. presidential election results. Japan's Nikkei 225 opened up 0.7%, while the Topix gained 0.4%. The Bank of Japan's monetary policy meeting minutes will be released later in the day, which could give insights on where the members stand on the bank's policy path. Australia's S&P/ASX 200 rose 0.7% higher.

Persons: Kospi Organizations: Nomura Securities Co, U.S, Nikkei, People's Congress Locations: Tokyo, Japan, SINGAPORE — Asia, Pacific

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