technology-focused nasdaq: Banks and other financial stocks logged the biggest jumps, according to Deutsche Welle. Developments on Wall Street reflected the upbeat mood among investors in other parts of the world which also experienced a rebound in share prices, meaning that the market mood had turned around dramatically since the immediate aftermath of Trump victory, which had prompted widespread, but only temporary selling. The broader S&P 500 index was up 0.6 percent, with the technology-focused Nasdaq composite gaining 0.6 percent after trading started, before shedding some 2 percent in early trading. The only way is up Earlier in the day, Asian shares posted hefty surges as they responded to the optimism in Europe and the US the night before. Watch video 01 10Share Markets warm up to Trump Send Facebook Twitter Google Whatsapp if typeof WURFL object if WURFL.is mobile && ! -1 WURFL.is mobile && ! -1 ; Tumblr linkedin stumble Digg reddit del.icio.us Newsvine Permalink warm up to Trump Taking comfort from Trump comments that he will look to unify a deeply divided nation, investors now keep focusing on his promises to boost US economic growth through infrastructure spending and by cutting red tape, while uncertainties such as what he might do with trade agreements are obviously being put on the back burner. Japan benchmark Nikkei 225 was the standout performer, rocketing 6.7 percent after sliding more than 5 percent on Wednesday.
(news.financializer.com). As
reported in the news.
Tagged under technology-focused nasdaq, trump victory topics.