📈 Stocks / Finance

10-Year Treasury Yield Surges on Trump Election Victory

CNBC

The 10-year Treasury yield rose to 4.43%, its highest since July, following Donald Trump's election win and potential GOP congressional sweep. Investors anticipate increased economic growth and fiscal spending under a Trump administration, pushing yields higher despite recent Fed rate cuts.

JPMorgan's Dimon to Stay as CEO, Not Joining Trump Administration

Reuters

Jamie Dimon, CEO of JPMorgan Chase, will remain at the bank with no plans to join Trump's administration, despite speculation about a Treasury secretary role. Under Dimon's 19-year leadership, JPMorgan became the largest US bank, and its stock rose 10% amid investor confidence.

Stocks Rally After Trump Wins Election

NBC

Major stock indexes surged after Trump's election victory, with the Dow rising 3.6% and Nasdaq up 3%, hitting all-time highs. Investor sentiment is bullish on deregulation and tax cuts. Treasury yields rose 17 basis points, reflecting inflation fears, while the dollar and bank shares surged.

🪙 Crypto

Bitcoin Whales Accumulate Amid Trump Victory Projection

CoinTelegraph

Bitcoin whales have withdrawn over 1,806 BTC (worth $132M) from Binance, anticipating a Trump victory in the 2024 election. Investor appetite for risk assets is growing, driving Bitcoin above $75,000. Analysts predict BTC may reach $80,000 before the end of 2024, fueled by market sentiment.

🌎 Global Economy

Trump's Victory and Its Potential Global Economic Impact

Reuters

Donald Trump's return to the U.S. presidency could impact the global economy significantly, with new tariffs likely reducing trade and growth while raising inflation. The Fed may keep interest rates high, which could hurt emerging markets like Mexico and China, while the dollar surges.

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