https://www.howestreet.com/2024/11/trump-victory-powering-optimism-in-most-sectors-mark-leibovit/

Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.

~ Ayn Rand

After showing a strong move to the upside early in the session, stocks gave back some ground over the course of the trading day on Monday but managed to close mostly higher. While the major averages pulled back off their best levels of the day, the Dow still reached a new record closing high.

The Dow closed higher for the fourth consecutive session, jumping 440.06 points or 1.0 percent to 44,736.57. The S&P 500 extended its winning streak to six sessions, climbing 18.03 points or 0.3 percent to 5,987.37, while the Nasdaq rose 51.18 points or 0.3 percent to 19,054.84.
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Stocks added […]

https://www.howestreet.com/2024/11/trump-victory-powering-optimism-in-most-sectors-mark-leibovit/

Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.

~ Ayn Rand

Dow Moves Sharply Higher But Nasdaq Closes Little Changed

Stocks saw considerable volatility early in the session on Thursday but moved mostly higher over the course of the trading day. The major averages all finished the day in positive territory, with the Dow posting a standout gain.

The Dow jumped 461.88 points or 1.1 percent to 43,870.35 and the S&P 500 climbed 31.60 points or 0.5 percent to 5,948.71, while the tech-heavy Nasdaq posted a much more modest gain, inching up 6.28 points or less than a tenth of a percent to 18,972.42.

The sharp increase by the Dow came amid strong gains by IBM Corp. (IBM), Sherwin-Williams (SHW) and Salesforce (CRM).

Meanwhile, the Nasdaq showed a lack of direction over the course of the trading session as traders tracked […]