Stock Market Today: Dow Jones Adds To Record High After Trump Win; Solar Stocks Get Burned (Live Coverage)

Blockhead11-07

Investors continued celebrating the Donald Trump presidential win Wednesday afternoon, with the Dow Jones Industrial Average leading the major indexes. Solar stocks were hit hard while Trump Media & ...

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Solar stocks were hit hard while Trump Media & ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-sp-500-nasdaq-trump-media-tesla-tsla-stock/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","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>Stock Market Today: Dow Jones Adds To Record High After Trump Win; Solar Stocks Get Burned (Live Coverage)</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\">\nStock Market Today: Dow Jones Adds To Record High After Trump Win; Solar Stocks Get Burned (Live Coverage)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 02:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/market-trend/stock-market-today/dow-jones-sp-500-nasdaq-trump-media-tesla-tsla-stock/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors continued celebrating the Donald Trump presidential win Wednesday afternoon, with the Dow Jones Industrial Average leading the major indexes. Solar stocks were hit hard while Trump Media & ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-sp-500-nasdaq-trump-media-tesla-tsla-stock/\">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://www.investors.com/market-trend/stock-market-today/dow-jones-sp-500-nasdaq-trump-media-tesla-tsla-stock/","article_id":"2481958156","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2018/10/stock-solar-power-21-adobe-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481958156","pubTimestamp":1730918956,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Stocks picked up momentum Wednesday afternoon. Small-cap stocks climbed more than 5%.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"COIN":"Coinbase Global, Inc.","RWM":"罗素2000指数反向ETF","L":"洛斯公司","UWM":"罗素2000指数ETF两倍做多","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","TZA":"罗素2000指数三倍做空ETF","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","XLF":"金融ETF","CPNG":"Coupang, Inc.","XLE":"SPDR能源指数ETF","AAPL":"苹果","FSLR":"第一太阳能","GEV.AU":"Global Energy Ventures","HWM":"Howmet Aerospace Inc.","NEE":"新纪元能源","2NVD.UK":"2X NVIDIA ETP","NVDA":"英伟达","IWN":"罗素2000价值股指数ETF-iShares","PLTR":"Palantir Technologies Inc.","3NVD.UK":"LS 3X NVIDIA","SRTY":"罗素2000指数三倍做空ETF-ProShares","IWO":"罗素2000成长股指数ETF","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU":"陆金所","LU1978683503.SGD":"Blackrock Sustainable Energy A2 SGD-H","TSLA":"特斯拉","FULT":"富尔顿金融","LU0238689110.USD":"贝莱德环球动力股票基金","TWM":"罗素2000指数两倍做空ETF","LNTH":"Lantheus Holdings, Inc.","DJT":"特朗普媒体科技集团","SMCI":"超微电脑","GEV":"GE Vernova Inc.","JPM":"摩根大通","ENPH":"Enphase Energy","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC"},"translate_title":"今日股市：特朗普获胜后道琼斯指数再创历史新高；太阳能股票被烧毁（现场报道）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLF":1,"XLE":1,"NEE":1,"CPNG":1,"DJT":1,"ENPH":1,"LNTH":1,"FULT":1,"GEV":1,"GEV.AU":1,"HWM":1,"US30Y.BOND":0.9,"US5Y.BOND":0.9,"US2Y.BOND":0.9,"US12M.BOND":0.9,"US10Y.BOND":0.9,"TSLA":0.9,"US3Y.BOND":0.9,"US6M.BOND":0.9,"US7Y.BOND":0.9,"SMCI":0.7,"COIN":0.7,"PLTR":0.7,"US912797HE00.BOND":0.6,"TZA":0.6,"TWM":0.6,"UWM":0.6,"SRTY":0.6,"RWM":0.6,"IWO":0.6,"3NVD.UK":0.6,"AAPL":0.6,"FSLR":0.6,"MNQmain":0.6,"MRTYmain":0.6,"IWN":0.6,"NVDA":0.6,"JPM":0.6,"L":0.6,"LU":0.6,"2NVD.UK":0.6},"content_text":"Investors continued celebrating the Donald Trump presidential win Wednesday afternoon, with the Dow Jones Industrial Average leading the major indexes. Solar stocks were hit hard while Trump Media & Technology (DJT) and Tesla (TSLA) were big winners on the stock market today.\nThe Dow Jones Industrial Average rose 3.4%, or around 1,430 points, to a record high.\nThe Nasdaq composite picked up momentum and gained 2.6%. The S&P 500 rose 2.3% in afternoon trading. Both climbed to all-time highs. But more impressive was the 5.4% lift in the small-cap Russell 2000.\nThe iShares Russell 2000 ETF (IWM) got a 5.5% boost and broke out of a flat base with a 228.63 buy point. Shares are in a buy zone up to 240.06.\n\n\n\n↑\nX\n\n\n\n\nElection 2024: How This Successful Hedge Fund Manager Is Positioned\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nElection 2024: How This Successful Hedge Fund Manager Is Positioned\n\n\n\n\nVolume was higher on the New York Stock Exchange and the Nasdaq vs. the same time Tuesday.\nThe 10-year Treasury yield rose a hefty 12 basis points to around 4.41%. Crude oil held steady at $71.95 a barrel.\nThe Federal Reserve's next policy meeting started today, with a quarter-point rate cut expected. The Federal Open Market Committee announcement is due Thursday at 2 p.m. ET with Fed chief Jerome Powell's comments at 2:30 p.m.\nStock Market Today: Solar, Clean-Energy Stocks Sink\nSolar and clean-energy stocks sank after Trump's election win and Republican gains in the U.S. Congress.\nFirst Solar (FSLR) dropped more than 10% and fell further below its 50-day line and undercut its 200-day line. The solar panel maker is on track for its largest drop since April 30, 2021, when it fell 12.3%, according to Dow Jones Market Data. IBD's solar energy industry group fell nearly 13%.\n\nEnphase Energy (ENPH) skidded around 17% in huge volume and sank to a 52-week low on the stock market today. NextEra Energy (NEE) fell nearly 5% and dug deeper below its 50-day line, but found support at its 200-day line.\nBut alternative-energy equipment and services provider GE Vernova (GEV), adding another 6% to Tuesday's 6.9% lift. Shares hit a record high.\nBlock (SQ) rose 7.6% and broke out of a long cup-with-handle base with a 75 buy point. The point-of-sale software company is in a buy zone up to 78.75. Block reports its third-quarter results Thursday after the market close.\n\n12:30 p.m. ET\nBank Stocks Lead The Dow\nFinancials were the strongest sector Wednesday, followed by energy. Financial and bank stocks rallied on the hopes of less financial regulation under Trump's leadership.\nThe SPDR Financial Select Sector ETF (XLF) gained 5.6% as it jumped from support at its 10-week moving average. It's extended from a flat-base 45.88 buy point. And the Energy Select Sector SPDR Fund (XLE) rose 3.4%.\nFulton Financial (FULT) leaped 14.4% and broke out past a 20.33 buy point. While the base was a wide and loose, the breakout was ideal, with heavy volume and the RS line near highs as well. Shares are in the buy zone up to 21.35, according to MarketSurge chart analysis.\nJPMorgan Chase (JPM) and Goldman Sachs (GS) topped the Dow Jones index. JPMorgan notched a 9.8% gain while Goldman climbed 12.8%.\nIBD 50 name Lantheus Holdings (LNTH) plummeted more than 20% in giant volume. The drop came despite that the medical imaging products company beat third-quarter estimates and tightening up its 2024 revenue and profit guidance. Shares fell below the cup-with-handle base and knifed through the 50-day moving average, triggering a sell signal.\nCoupang (CPNG) tumbled around 11.6% in huge volume after reaching a 52-week high Tuesday. The stock sank below its 50-day line and also flashed a sell signal. The drop came even after the Korean online retail platform operator topped Q3 adjusted earnings and sales estimates.\n\n10:42 a.m. ET\nStocks Rally On Election Results\nThe U.S. election results ignited the stock market today as investors celebrated the return of former President Donald Trump to the White House. In addition, Republicans took control of the Senate and may have the advantage in the House of Representatives.\nThe final October U.S. Services Purchasing Managers' Index (PMI) fell to 55 vs. the 55.3 forecast and lower than the September 55.2 reading. And the composite index rose to 54.1 vs. the expected 54.3 and higher than 54 in September.\nThe Mortgage Bankers Association Composite Index dropped 10.8% for the week ended Nov. 1, while the Purchase Index sank 5.1%. The biggest drop came in the Refinance Index, with a 18.5% decline.\nStock Market Today: Trump Media Rebounds\nTrump Media & Technology stock trimmed opening gains to around 6% in huge volume. In addition, the Truth Social-parent company reported a third-quarter loss of 10 cents per diluted share, narrowing from a loss of 30 cents a year ago. And net sales dropped to $1 million from $1.1 million.\nTrump Media stock retook its 200-day moving average on Wednesday's move.\nTesla bolted 11.6% and passed the 264.86 buy point of a cup-with-handle base and another entry at 273.54. The jump ends a six-day losing streak that had triggered the 7% sell rule from a 264.86 cup-with-handle entry Monday. Shares reached a 52-week high on the stock market today. Tesla CEO Elon Musk may have a role in the new Trump administration.\nBitcoin exchange operator Coinbase Global (COIN) shot up more than 18% as bitcoin traded near Tuesday's record high of $75,000. The stock reclaimed its 200-day line on Wednesday.\nSuper Micro Computer (SMCI) continued its free fall, losing another 23.8%. The data center hardware supplier cut its sales targets for the September and December quarters. In addition, the stock is in jeopardy of being delisted from the Nasdaq exchange.\nPalantir Technology (PLTR) added another 5.5% on top of Monday's nearly 23.5% post-earnings jump. Shares reached a record high on the stock market today.\nHowmet Aerospace (HWM) powered up 8.7% following the company's mixed third-quarter earnings report. The aerospace products maker topped adjusted profit estimates but fell short on revenue. It also raised its full-year adjusted earnings outlook while trimming its 2024 revenue guidance. Shares reached an all-time high on the stock market today. Howmet was Tuesday's IBD Stock of the Day.\nMagnificent Seven Duel\nIBD 50, Leaderboard and SwingTrader name Nvidia (NVDA) advanced 2.8% and reclaimed the title of the most valuable U.S. company Tuesday. It overtook Dow Jones stock Apple (AAPL), which inched up 0.7% on the stock market today.\nFollow Kimberley Koenig for more stock market news on X/Twitter @IBD_KKoenig.\nYOU MAY ALSO LIKE:\nFunds Gobble Up Palantir Ahead Of Earnings; Deckers Shares Also See Demand | Stocks To Watch\nPower Equipment Stock Electrified With Profit Expected To Grow 2,400% | Stocks To Watch\nNvidia's 84% Expected Profit Growth Looms Large In S&P 500 | Stocks To Watch\nLooking For Market Insights? Check Out Our Live Daily Segment | Stocks To Watch\nAs Gold Prices Hit New Highs, Is It Time To Buy Or Cash In Gold Stocks And ETFs? | Stocks To Watch","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":0,"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/2481958156"}