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Dow tops 44,000, S&P 500 hits 6,000 in week of market milestones after Trump election win 11/08/24

Dow tops 44,000, S&P 500 hits 6,000 in week of market milestones after Trump election win 11/08/24

The Dow and S&P 500 climbed to new records today, headed for their best week in a year after Donald Trump’s election win. Stocks also got a boost from the Fed this week, as the central bank lowered interest rates by a quarter point on Thursday. Fed Chair Jerome Powell noted he is “feeling good” about the economy during a press conference following the change. We’ll tell you all you need to know today.

Power Lunch

November 8, 202442m 6s

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Show Notes

The Dow and S&P 500 climbed to new records today, headed for their best week in a year after Donald Trump’s election win.

Stocks also got a boost from the Fed this week, as the central bank lowered interest rates by a quarter point on Thursday.

Fed Chair Jerome Powell noted he is “feeling good” about the economy during a press conference following the change.

We’ll tell you all you need to know today.


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