Stocks Surge Following US Election, Short Sellers Squeezed, Bitcoin Up 20%
Following the US election, stocks saw significant gains with the S&P 500 setting a record close of 50 for the year and the Nasdaq Composite and Dow Jones Industrial Average also experiencing strong growth. Small cap stocks, such as the Russell 2000, saw the biggest increase. President-elect Trump's focus on deregulation is likely to downplay the impact of economic data, inflation, and interest rates in the near-term. The editor is monitoring crypto-related stocks and advises sticking with long-term investment plans. The provided content is for educational purposes only and does not constitute trading or investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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