dow: Dow Jones hits record high on Trump bump, but London market falters - as it happened Read more But after initially struggling to find direction on Thursday the Dow closed up 218 points at 18807, a rise of 1.17%. The S&P 500 also gained slightly, rising 0.2% but the tech-heavy Nasdaq dipped 0.81%. Trump has clashed with Silicon Valley and threatened Apple, Nasdaq and the world largest company, over privacy and its overseas manufacturing, according to The Guardian. Apple dropped 2.79% on Thursday. Investors have been warned to brace for more sharp moves on financial markets as uncertainty endures over how Trump campaign rhetoric will translate into policies. Markets benefitted from a continuing sense of relief over Trump conciliatory tone in his early remarks, including those following his meeting with the US president, Barack Obama. The billionaire businessman vowed on the campaign trail to put American jobs first and scrap or renegotiate trade deals. However European shares, including London FTSE 100 index, could not hold on to their early gains as worries grew over the president-elect coming longer term impact on global growth due to his protectionist policies.
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