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The positive development after the presidential election continues on U.S. stock exchanges on Thursday.
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U.s. stocks continues recovery on Thursday and tungvektsindeksen Dow Jones climbs to the highest level ever.
After a few minutes of trade is the index of the 18.707 points. The previous record was on 18.668 points and is from the 15. august of this year.
market Participants continue to assess the effects of that republikaneren Donald Trump won the us presidential election earlier this week, while the republicans retained the majority in both chambers of Congress.
the Stock market is affected positively by the prospects of possible increased fiscal stimulation, and lower corporate tax after Trump won the presidential elections, writes The Wall Street Journal.
Traders have driven shares higher on the expectation of massive fiscal stimuli, ” says chief strategist Jeremy Klein in FBN Securities, according to CNBC in an update to clients on Thursday.
Finance-, pharmacy-, defense – and engineering companies led the way in børsoppgangen Wednesday on the expectation that these shares will grow stronger because of the election results.
Such is the development in the three main aksjeindeksene clock 15.45:
- the Dow Jones Industrial Avg is up 0,86 percent to 18751,38 points
- the Nasdaq Composite rising 0,87 per cent to 5296,51 points
- S&P 500 is up 0.79 percent to 2180,63 points.
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