The U.S. stock market has surged since the presidential election, with the S&P 500 topping 6000 for the first time, fueled by investor optimism over Donald Trump’s policies. U.S. equity funds saw $56 billion in weekly inflows, the second-largest on record, as investors anticipate tax cuts, deregulation, and increased domestic spending. Cryptocurrency trading also spiked, with bitcoin exceeding $90,000 and Dogecoin surging after Trump announced a government-efficiency department co-led by Elon Musk. However, analysts warn of potential market volatility as inflation concerns grow.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The United States stock market has surged since the presidential election, with the S&P 500
00:06topping $6,000 for the first time, fueled by investor optimism over Donald Trump's policies.
00:12U.S. equity funds saw $56 billion in weekly inflows, which is the second largest on record,
00:17as investors anticipate tax cuts, deregulation, and increased domestic spending.
00:22Cryptocurrency is also trading a little bit higher, with Bitcoin exceeding $90,000
00:27and Dogecoin surging after Trump's announcement of a government efficiency department co-led by
00:32Elon Musk. However, analysts warn of potential market volatility as inflation concerns continue
00:37to grow. For all things money, visit Benzinga.com slash GSTV.