Bitcoin, DJT Stock: Updates on the Trump Trade -- WSJ

Dow Jones11-05 19:47

By WSJ Staff

Bets that would pay off with a Donald Trump election victory-the so-called Trump trade-are gaining ground early Tuesday.

-- Trump Media & Technology stock $(DJT)$ is up more than 7% in premarket trading, after rallying Monday. The parent of Trump's Truth Social social-media company has been highly volatile in recent weeks, trading as a proxy for election expectations.

-- Bitcoin is over 2% up from Monday's settle, according to the CoinDesk Bitcoin Price Index. The cryptocurrency has risen in recent weeks, fitting with Trump's promise to make the U.S. the "crypto capital of the planet."

-- Dogecoin, a so-called meme token often touted by Trump backer Elon Musk, gained 10%.

Other investments from bonds to the European defense stocks have been tied to Trump's rise in the polls in recent weeks, but there isn't always a clear cause and effect, as Streetwise columnist James Mackintosh explains.

Read more about Wall Street's final election bets:

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

November 05, 2024 06:47 ET (11:47 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

1

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481257261?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-05 19:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2481257261","market":"sg","top_or_hot":-1,"title":"Bitcoin, DJT Stock: Updates on the Trump Trade -- WSJ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By WSJ Staff \n</p>\n<p>\n     Bets that would pay off with a Donald Trump election victory-the so-called Trump trade-are gaining ground early Tuesday. \n</p>\n<p>\n     -- Trump Media &amp; Technology stock <a href=\"https://laohu8.com/S/DJT\">$(DJT)$</a> is up more than 7% in premarket trading, after rallying Monday. The parent of Trump's Truth Social social-media company has been highly volatile in recent weeks, trading as a proxy for election expectations. \n</p>\n<p>\n     -- Bitcoin is over 2% up from Monday's settle, according to the CoinDesk Bitcoin Price Index. The cryptocurrency has risen in recent weeks, fitting with Trump's promise to make the U.S. the \"crypto capital of the planet.\" \n</p>\n<p>\n     -- Dogecoin, a so-called meme token often touted by Trump backer Elon Musk, gained 10%. \n</p>\n<p>\n     Other investments from bonds to the European defense stocks have been tied to Trump's rise in the polls in recent weeks, but there isn't always a clear cause and effect, as Streetwise columnist James Mackintosh explains. \n</p>\n<p>\n     Read more about Wall Street's final election bets: \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 05, 2024 06:47 ET (11:47 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin, DJT Stock: Updates on the Trump Trade -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin, DJT Stock: Updates on the Trump Trade -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-05 19:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By WSJ Staff \n\n\n     Bets that would pay off with a Donald Trump election victory-the so-called Trump trade-are gaining ground early Tuesday. \n\n\n     -- Trump Media & Technology stock $(DJT)$ is up ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COIN","symbol_name":"Coinbase Global, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481257261","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481257261","pubTimestamp":1730807220,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Bets that would pay off with a Donald Trump election victory-the so-called Trump trade-are gaining ground early Tuesday.-- Trump Media & Technology stock  is up more than 7% in premarket trading, after rallying Monday. The parent of Trump's Truth Social social-media company has been highly volatile in recent weeks, trading as a proxy for election expectations.-- Bitcoin is over 2% up from Monday's settle, according to the CoinDesk Bitcoin Price Index. The cryptocurrency has risen in recent weeks, fitting with Trump's promise to make the U.S. the \"crypto capital of the planet.\". -- Dogecoin, a so-called meme token often touted by Trump backer Elon Musk, gained 10%.Other investments from bonds to the European defense stocks have been tied to Trump's rise in the polls in recent weeks, but there isn't always a clear cause and effect, as Streetwise columnist James Mackintosh explains.Read more about Wall Street's final election bets:. This item is part of a Wall Street Journal live coverage","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","COIN":"Coinbase Global, Inc.","03439":"嘉实比特币","BK4585":"ETF&股票定投概念","BK4547":"WSB热门概念","09439":"嘉实比特币-U","09042":"华夏比特币-U","09008":"博时比特币-U","BK4077":"互动媒体与服务","DJT":"特朗普媒体科技集团","BK4594":"比特币ETF概念","BK4588":"碎股","BK4516":"特朗普概念","03008":"博时比特币","03042":"华夏比特币"},"translate_title":"比特币、DJT股票：特朗普交易的最新动态——华尔街日报","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"03042":1,"DJT":1,"09439":1,"09042":1,"09008":1,"03439":1,"03008":1,"COIN":0.7},"content_text":"By WSJ Staff \n\n\n     Bets that would pay off with a Donald Trump election victory-the so-called Trump trade-are gaining ground early Tuesday. \n\n\n     -- Trump Media & Technology stock $(DJT)$ is up more than 7% in premarket trading, after rallying Monday. The parent of Trump's Truth Social social-media company has been highly volatile in recent weeks, trading as a proxy for election expectations. \n\n\n     -- Bitcoin is over 2% up from Monday's settle, according to the CoinDesk Bitcoin Price Index. The cryptocurrency has risen in recent weeks, fitting with Trump's promise to make the U.S. the \"crypto capital of the planet.\" \n\n\n     -- Dogecoin, a so-called meme token often touted by Trump backer Elon Musk, gained 10%. \n\n\n     Other investments from bonds to the European defense stocks have been tied to Trump's rise in the polls in recent weeks, but there isn't always a clear cause and effect, as Streetwise columnist James Mackintosh explains. \n\n\n     Read more about Wall Street's final election bets: \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  November 05, 2024 06:47 ET (11:47 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481257261"}