Global markets rally as US election results show Trump leading in key states

ndtv.com November 6, 2024, 08:01 AM UTC

Global markets reacted positively to early US election results, with Donald Trump leading in key swing states. The US Dollar reached a record high against several currencies, including the Indian Rupee and the Yen. Bitcoin also hit a new peak, surpassing $75,000.

Traders are optimistic about a potential Trump victory, anticipating tax cuts and less regulation. The S&P 500 and Nasdaq futures rose over one percent, while Asian markets showed mixed results. In Europe, stocks fell amid concerns about a possible trade war.

The dollar index increased significantly, marking its largest daily rise since early 2023. The Euro declined against the Dollar, retreating from a recent high. The US Central Bank is expected to announce a policy decision soon, with analysts predicting a rate cut.

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Timeline:

  1. [4.1]
    Trump's proposed tariffs on imports could raise consumer prices (cnbc.com)
    2h
    Source
  2. [4.6]
    Indian exporters brace for challenges as US trade policies shift focus to growth opportunities (economictimes.indiatimes.com)
    3h
    Source
  3. [4.5]
    Wall Street reaches record highs after Trump victory while Australian dollar falls (abc.net.au)
    3h
    Source
  4. [4.2]
    Bay Street analysts expect Trump win to benefit Canadian stocks long term (bnnbloomberg.ca)
    3h
    Source
  5. [3.8]
    Bitcoin hits new all-time high as analysts identify key support level after election (benzinga.com)
    3h
    Source
  6. [3.2]
    U.S. stocks climb as Nasdaq gains over 500 points and Johnson Controls beats earnings expectations (benzinga.com)
    3h
    Source
  7. [4.0]
    U.S. stock markets rally as election uncertainty lifts investor sentiment (kiplinger.com)
    4h
    Source
  8. [4.4]
    Central banks reassess rate-cut strategies as Trump returns to presidency (economictimes.indiatimes.com)
    5h
    Source
  9. [4.1]
    Mortgage rates rise sharply after Trump victory, housing stocks decline (cnbc.com)
    6h
    Source
  10. [3.7]
    US businesses brace for potential Trump tariffs on imports (gazette.com)
    8h
    Source
  11. [4.2]
    Sensex jumps 901 points as Trump claims victory in U.S. elections (thehindu.com)
    9h
    Source
  12. [4.6]
    Global stocks rise sharply after Trump's election victory as Canadian markets gain (theglobeandmail.com)
    10h
    Source
  13. [4.5]
    Indian stock market rises as Trump’s election prospects spark optimism (livemint.com)
    12h
    Source
  14. [4.0]
    US election results boost markets as Indian investors explore US stock options (livemint.com)
    12h
    Source
  15. [3.1]
    Sensex and Nifty rise over 1% on strong IT stock buying as Trump leads US elections (zeenews.india.com)
    13h
    Source
  16. [2.7]
    Nifty Bank index rises 0.21% with Punjab National Bank leading gains (economictimes.indiatimes.com)
    13h
    Source
  17. [3.9]
    India's service sector rebounds in October with strong demand and job growth (timesofindia.indiatimes.com)
    14h
    Source
  18. [3.7]
    Ringgit and Singapore dollar decline as US dollar strengthens after Trump election lead (malaymail.com)
    14h
    Source
  19. [3.4]
    Indian stock markets rally after US election results with Sensex up 900 points (timesnownews.com)
    14h
    Source
  20. [4.5]
    Indian stock markets surge as Trump claims victory in US elections (businesstoday.in)
    15h
    Source
  21. [4.1]
    Sensex rises over 1,000 points on Trump election win and market optimism (economictimes.indiatimes.com)
    15h
    Source
  22. [3.1]
    IT stocks rise as Republican lead boosts investor optimism in US election (timesnownews.com)
    15h
    Source
  23. [4.6]
    Asian currencies decline sharply as dollar surges on Trump election projections (dawn.com)
    16h
    Source
  24. [3.8]
    Sensex and Nifty 50 rise over 1% as Donald Trump leads in US presidential election (livemint.com)
    16h
    Source
  25. [3.6]
    Indian IT stocks rise as Trump leads in U.S. election polls (economictimes.indiatimes.com)
    16h
    Source
  26. [3.6]
    India's services PMI rises to 58.5 in October on strong demand and job growth (thehindu.com)
    17h
    Source
  27. [3.2]
    U.S. stocks rise as investors await election results and Fed decision (benzinga.com)
    17h
    Source
  28. [4.1]
    Bitcoin hits new all-time high near $75,000 as crypto market surges ahead of US election results (gadgets360.com)
    18h
    Source
  29. [4.2]
    U.S. stocks rise as technology shares drive market gains ahead of election results (finance.yahoo.com)
    19h
    Source
  30. [4.1]
    India's services sector rebounds with strong demand in October (economictimes.indiatimes.com)
    19h
    Source
  31. [3.9]
    Yen falls to lowest level since July as Japanese stocks rise on US election results (bnnbloomberg.ca)
    19h
    Source
  32. [3.0]
    Nifty Bank index rises 0.13% in positive trading session (economictimes.indiatimes.com)
    19h
    Source
  33. [3.0]
    Vaishali Parekh recommends three stocks to buy on November 6 (livemint.com)
    20h
    Source
  34. [3.6]
    Indian stock market set for volatility as US election results approach (livemint.com)
    21h
    Source
  35. [3.2]
    Indian markets rise as Sumeet Bagadia recommends five breakout stocks to buy (livemint.com)
    21h
    Source
  36. [3.0]
    BSE Sensex rises over 200 points as Nifty50 surpasses 24,250 in positive market opening (timesofindia.indiatimes.com)
    21h
    Source
  37. [3.0]
    Indian markets consolidate as experts recommend SBI and L&T for trading on November 6 (economictimes.indiatimes.com)
    21h
    Source
  38. [4.4]
    Dollar falls as US elections unfold (economictimes.indiatimes.com)
    22h
    Source
  39. [4.4]
    Stocks and dollar gain as US election results draw investor attention (bbc.com)
    22h
    Source
  40. [4.0]
    GIFT Nifty opens lower as traders eye potential market reversal (economictimes.indiatimes.com)
    22h
    Source
  41. [3.6]
    Indian stock market set for lower opening as Gift Nifty dips ahead of US election results (livemint.com)
    22h
    Source
  42. [3.1]
    Indian stock market set for lower opening as Gift Nifty signals weak start (livemint.com)
    22h
    Source
  43. [4.0]
    Stocks rise on U.S. election day as investors await results (thestar.com)
    23h
    Source
  44. [3.3]
    Sensex gains 694 points as metal and bank stocks drive market rebound in India (economictimes.indiatimes.com)
    23h
    Source
  45. [4.5]
    Asia-Pacific markets rise as investors watch U.S. elections and China policy meeting (cnbc.com)
    24h
    Source
  46. [4.1]
    U.S. stock market rallies on Election Day with major gains in tech shares (abcnews.go.com)
    1d 1h
    Source
  47. [3.2]
    U.S. stocks rise as voters head to the polls and dollar declines (forexlive.com)
    1d 1h
    Source
  48. [4.4]
    Tech stocks drive market gains as US election nears (insider.com)
    1d 2h
    Source
  49. [4.1]
    US stocks rise on Election Day as economic data shows growth (smh.com.au)
    1d 2h
    Source
  50. [3.9]
    U.S. stocks rise on Election Day boosted by strong earnings from Amazon and Intel (kiplinger.com)
    1d 2h
    Source
  51. [4.4]
    ASX set to open higher as Wall Street gains on Nvidia rally (afr.com)
    1d 3h
    Source
  52. [3.7]
    Stocks gain and Treasury yields stabilize as markets prepare for US election (livemint.com)
    1d 3h
    Source
  53. [3.2]
    Midday stock update: Palantir surges while Boeing dips after strike ends (postandcourier.com)
    1d 3h
    Source
  54. [2.8]
    U.S. stocks rise as Dow gains 400 points; Yum! Brands reports disappointing earnings (benzinga.com)
    1d 3h
    Source
  55. [4.0]
    US stocks rise on election day as economic data shows strength (smh.com.au)
    1d 4h
    Source
  56. [3.8]
    US stocks rise as presidential election voting begins (livemint.com)
    1d 4h
    Source
  57. [3.3]
    U.S. stocks rise as Dow gains over 350 points and Vimeo shares jump 45% (benzinga.com)
    1d 4h
    Source
  58. [4.1]
    Wall Street rallies on Election Day as Palantir shares soar and Bitcoin tops $70,000 (benzinga.com)
    1d 5h
    Source
  59. [3.9]
    U.S. stocks rise on Election Day as services sector growth exceeds expectations (spectrumlocalnews.com)
    1d 5h
    Source
  60. [3.6]
    US services sector activity reaches two-year high in October as employment index rises (benzinga.com)
    1d 6h
    Source
  61. [3.1]
    U.S. stocks rise on Election Day as economic indicators show growth (seekingalpha.com)
    1d 6h
    Source
  62. [3.9]
    U.S. stock indexes rise on Election Day as economic data boosts investor confidence (abcnews.go.com)
    1d 7h
    Source
  63. [3.7]
    Stocks see significant premarket movements on Election Day (cnbc.com)
    1d 7h
    Source
  64. [3.4]
    US stock indexes rise on Election Day as voters head to polls (hindustantimes.com)
    1d 7h
    Source
  65. [3.4]
    China's manufacturing sector shows signs of recovery as sentiment improves in October (scmp.com)
    1d 7h
    Source
  66. [3.1]
    S&P/TSX composite rises as base metal stocks gain and U.S. markets climb on election day (thestar.com)
    1d 7h
    Source
  67. [3.7]
    U.S. stock indexes rise on Election Day with Trump Media soaring 14% (investors.com)
    1d 8h
    Source
  68. [3.6]
    US stocks climb on Election Day led by tech and chip shares (livemint.com)
    1d 8h
    Source
  69. [3.4]
    U.S. stock indexes rise on Election Day as investors weigh market uncertainty (globalnews.ca)
    1d 8h
    Source
  70. [2.9]
    ISM Services PMI rises to 27-month high while S&P Global PMI slips in October (zerohedge.com)
    1d 8h
    Source
  71. [4.3]
    Canada's services economy grows in October as new business boosts confidence (theglobeandmail.com)
    1d 9h
    Source
  72. [3.9]
    Canada's services sector returns to growth in October (hindustantimes.com)
    1d 9h
    Source
  73. [3.8]
    Investors advised to focus on fundamentals as U.S. election approaches (edition.cnn.com)
    1d 13h
    Source
  74. [3.3]
    Global markets react to US election day as Asia gains and Europe shows mixed results (benzinga.com)
    1d 13h
    Source
  75. [3.2]
    Sensex jumps 694 points as Nifty closes above 24,200 on strong metal and bank stocks (thehindubusinessline.com)
    1d 13h
    Source
  76. [3.2]
    Sensex jumps 694 points as Nifty closes above 24,200 with strong metal and bank stocks (thehindubusinessline.com)
    1d 14h
    Source
  77. [3.1]
    US election outcome may shape Indian equity markets, says Religare CEO (livemint.com)
    1d 14h
    Source
  78. [3.0]
    Indian stock market rebounds as Sensex and Nifty rise nearly 1% (timesnownews.com)
    1d 14h
    Source
  79. [2.4]
    Sensex and Nifty rise as JSW Steel and Bajaj Auto lead top gainers on November 5 (livemint.com)
    1d 14h
    Source
  80. [4.7]
    Study warns Trump's proposed tariffs could cut U.S. consumer spending by $78 billion (benzinga.com)
    1d 15h
    Source
  81. [2.6]
    India's stock market rebounds with Sensex rising over 1,100 points and Nifty 50 near 24,200 (livemint.com)
    1d 15h
    Source
  82. [3.0]
    Indian stock market declines as investor uncertainty grows (businesstoday.in)
    1d 17h
    Source
  83. [3.2]
    Indian stock market faces declines as Nifty and Sensex hit monthly lows (livemint.com)
    1d 18h
    Source
  84. [3.0]
    Dow drops over 250 points as investors prepare for presidential election (benzinga.com)
    1d 18h
    Source
  85. [2.5]
    Indian IT firms adjust to changing H-1B visa landscape ahead of US elections (businesstoday.in)
    1d 19h
    Source
  86. [3.4]
    Indian stocks decline as US elections approach (hindustantimes.com)
    1d 20h
    Source
  87. [2.9]
    Sensex drops 240 points as Nifty opens below 24,000 (timesnownews.com)
    1d 20h
    Source
  88. [3.0]
    Investors focus on Palantir, Trump Media, Hims & Hers, NXP Semiconductors, and Tesla as U.S. stocks dip (benzinga.com)
    1d 21h
    Source
  89. [3.8]
    China's services sector grows at fastest pace in three months, Caixin PMI shows (hindustantimes.com)
    1d 22h
    Source
  90. [3.8]
    Asian shares show mixed results as U.S. markets decline ahead of election day (clickondetroit.com)
    1d 22h
    Source
  91. [3.6]
    Asian shares mixed as U.S. markets decline ahead of election day (abcnews.go.com)
    1d 22h
    Source
  92. [3.6]
    Indian stock market set for lower opening as global factors weigh on indices (livemint.com)
    1d 22h
    Source
  93. [3.2]
    Indian stock markets set for lower opening as global trends weigh ahead of US election (livemint.com)
    1d 22h
    Source
  94. [2.8]
    Nifty 50 faces pressure as analysts outline trading strategy for November 5 (livemint.com)
    1d 23h
    Source
  95. [2.8]
    Chandan Taparia recommends three stocks to buy on November 5 (livemint.com)
    1d 23h
    Source
  96. [2.7]
    U.S. stock indexes dip as markets brace for Election Day and key events ahead (apnews.com)
    1d 23h
    Source
  97. [2.3]
    Vaishali Parekh recommends three stocks to buy on November 5 (livemint.com)
    1d 23h
    Source
  98. [4.1]
    Asia-Pacific markets prepare for mixed trading as investors eye Federal Reserve rate cut (cnbc.com)
    2d 0h
    Source
  99. [3.9]
    Consumer confidence in stock market hits record high despite election uncertainty (nbcnews.com)
    2d 2h
    Source
  100. [3.4]
    US stocks decline ahead of Election Day as Australian market braces for drop (smh.com.au)
    2d 2h
    Source
  101. [3.0]
    U.S. stock indexes dip as investors brace for election day and market volatility (latimes.com)
    2d 2h
    Source
  102. [2.7]
    U.S. stocks dip ahead of Election Day and key market events (postandcourier.com)
    2d 2h
    Source
  103. [4.1]
    Consumer confidence in stock market reaches record high despite volatility (cnbc.com)
    2d 3h
    Source
  104. [4.0]
    ASX expected to decline as traders await RBA rate decision and Wall Street faces election volatility (abc.net.au)
    2d 3h
    Source
  105. [3.1]
    U.S. stocks show mixed results as oil prices rise and Treasury yields fall (abcnews.go.com)
    2d 3h
    Source
  106. [2.7]
    S&P/TSX composite remains flat as U.S. markets decline ahead of election day (thestar.com)
    2d 3h
    Source
  107. [3.5]
    Wall Street experiences mixed trading as U.S. election uncertainty looms (livemint.com)
    2d 4h
    Source
  108. [2.4]
    S&P 500 slips as Yum China reports strong earnings (benzinga.com)
    2d 4h
    Source
  109. [3.7]
    ASX expected to open lower as US stocks decline ahead of election day (smh.com.au)
    2d 6h
    Source
  110. [3.2]
    U.S. stocks show mixed results ahead of Election Day as oil prices rise and Treasury yields fall (spectrumlocalnews.com)
    2d 6h
    Source
  111. [3.1]
    Stocks decline as US election uncertainty weighs on markets (livemint.com)
    2d 6h
    Source
  112. [2.9]
    U.S. stocks decline as Constellation Energy shares drop over 10% after earnings report (benzinga.com)
    2d 6h
    Source
  113. [2.9]
    November signals strong start for stock market seasonality (news.yahoo.com)
    2d 6h
    Source
  114. [3.8]
    Citi reports stock market focus shifts from election to economy as S&P 500 rises 10.7% (insider.com)
    2d 7h
    Source
  115. [3.0]
    US equity futures rise as polls show Harris gaining ground ahead of election (zerohedge.com)
    2d 11h
    Source
  116. [3.4]
    Global markets show mixed results as U.S. stocks rebound and crude oil rises 2% (benzinga.com)
    2d 13h
    Source
  117. [3.0]
    Sensex drops over 900 points as investors watch US election and Fed meeting (zeenews.india.com)
    2d 13h
    Source
  118. [2.9]
    Indian IT stocks face scrutiny as US presidential election approaches (livemint.com)
    2d 13h
    Source