11min chapter

CNBC's "Fast Money" cover image

Dow, S&P 500 and Nasdaq jump to record highs after Trump win. Plus, what the victory means for Tesla 11/6/24

CNBC's "Fast Money"

CHAPTER

Market Dynamics Post-Trump Victory

This chapter explores the stock market's response to Trump's election win, emphasizing Tesla's surging share prices due to potential regulatory advantages. It discusses the implications for Tesla's robo-taxi development, the contrasting performances of other electric vehicle stocks, and political influences on EV incentives. Additionally, the chapter examines housing stocks' struggles amid rising mortgage rates and speculates on Federal Reserve actions impacting the market.

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