On November 6, 2024, U.S. stock markets closed with significant gains. The Dow Jones Industrial Average rose by 3.57%, the NASDAQ increased by 2.95%, and the S&P 500 climbed by 2.53%.

In sector performance, the electric vehicle (EV) sector saw notable movements. Tesla Motors surged by 14.75% following Donald Trump's election victory. CEO Elon Musk, who supported Trump during the campaign, anticipates a favorable regulatory environment for Tesla, potentially strengthening its market position in a non-EV subsidy environment. Shares of competing EV companies dropped significantly following the election news.

The cryptocurrency sector also experienced significant gains. Coinbase Global Inc. soared by 31.11% as Bitcoin briefly topped $75,000. MicroStrategy and Marathon Digital Holdings Inc also saw substantial increases, rising by 13.17% and 18.97%, respectively.

Bank stocks surged as analysts predicted friendlier regulations under a second Trump presidency. JPMorgan Chase rose by 11.54%, and Goldman Sachs increased by 13.10%. Bank of America also saw a significant rise of 8.43%.

In contrast, clean-energy stocks faced declines due to concerns about Trump's stance on renewable energy. First Solar dropped by 10.13%, and Enphase Energy also experienced a decline.

NVIDIA Corp rose by 4.03%, becoming the most valuable company in the U.S., surpassing Apple. Microsoft increased by 2.10%, and Alphabet saw a rise of 4.04% after Loop Capital raised its price target from $170.00 to $185.00.

Super Micro Computer Inc tumbled by 18.05% after issuing a disappointing business update. Several analysts adjusted their price targets, with Barclays lowering it from $42 to $25 and maintaining an equal-weight rating.

Overall, the stock market exhibited significant movement in response to Trump's election victory, with notable gains in the EV, cryptocurrency, and banking sectors, while clean-energy stocks faced declines.