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News for India > Business > Wall Street today: US stocks gain after Donald Trump survives assassination attempt | Stock Market News
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Wall Street today: US stocks gain after Donald Trump survives assassination attempt | Stock Market News

Preet Patel
Last updated: July 15, 2024 7:36 pm
Preet Patel 1 year ago
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US stock indices gained on Monday with benchmark S&P 500 hitting fresh record high on increased bets over presidential candidate Donald Trump winning a second term after he survived an assassination attempt.

At the opening bell, the Dow Jones Industrial Average rose 137.50 points, or 0.34 per cent, to 40,138.40. The S&P 500 was higher by 22.81 points, or 0.41 per cent, at 5,638.16, while the Nasdaq Composite gained 87.47 points, or 0.48 per cent, to 18,485.91.

Donald Trump was shot in the ear at a Pennsylvania rally on Saturday. Moments later, he pumped his fist, and his campaign said he was fine.

Trump Media & Technology Group stock soared 36.6 per cent as odds of the former US president victory rose after the assassination attempt.

In premarket trading, the stock rose 67 per cent.

Crypto stocks surged after Bitcoin climbed above $62,000 after the attack on Trump, who is seen as pro-cryptocurrency leader.

Goldman Sachs shares added 1.5 per cent after reporting stronger profit and revenue for the second quarter.

BlackRock stock fell 0.2 per cent despite beating profit forecasts.

Conservative video network company Rumble Inc. soared 10 per cent.

Gun makers, private prison and health insurers also rose on Trump’s rising odds of victory.

In the bond market, Treasury Yields edged higher. The 10-year Treasury yield climbed to 4.21 per cent from 4.19 per cent late on Friday.



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TAGGED:Bondsbrentcrude oilDonald Trump assassination attemptDow JonesEuropean stocksEuropean STOXX 600Federal ReserveGlobal stock marketsgoldinflationJerome PowellNasdaqS&P 500sharesStock marketsUS Stock MarketsUS StocksWall Streetyield
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