Dow Industrials: Chance Dow and Election Outcome

dow industrials: Investors pushed the Dow industrials nearly to a record close yesterday reversing a giant knee-jerk move lower as visions of trillions of dollars in spending by President-elect Donald Trump danced in their heads, according to Market Watch. Judging by the trading this morning, there a good chance the Dow could close by nailing that record today. While protestors unhappy with the election outcome have been climbing light-poles and blocking freeways, stocks are rolling out the welcome mat. Twitter Caption outside of wrapper for normal article images The stance he takes on trade will likely determine how vulnerable the markets are, but in reality, these are very long-term policies and for now, markets are more focused on the prospect of lower taxes, fiscal stimulus and less regulation, says Oanda analyst Craig Erlam. In equity space, thinking in index terms is probably the wrong thing to do now that the initial flurry has finished. Still, if you haven t changed the chip in your head on how to approach this market, now might be a good time, says blogger Macro Man. (news.financializer.com). As reported in the news.