Business

US stocks extended gains on Thursday as investors continued to digest Donald Trump’s electoral victory and awaited the Federal Reserve’s policy decision due this afternoon. The S&P 500 (^GSPC) rose roughly 0.6%, while the tech-heavy Nasdaq Composite (^IXIC) moved up than 1.4% as shares of chip heavyweight Nvidia (NVDA) and …

The stock market’s feverish rally following Donald Trump’s presidential election victory may have just been an early appetizer for a strong few months of gains. “Exuberance lies ahead,” Julian Emanuel, who leads the equity, derivatives, and quantitative strategy team at Evercore ISI, wrote in a note to clients Wednesday night. …

There is a lot of money flowing through the U.S. healthcare industry. According to the Centers for Medicare & Medicaid Services, America’s total health expenditures were $4.1 trillion in 2022, and that number has likely increased since then. People have always, and will always, need care, so healthcare is a …

Trump Media & Technology Group stock (DJT) sank double digits in early trading on Thursday, falling around 15% to reverse the gains it enjoyed on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election. Shares in the company — the home of Trump’s social media platform, …

Warner Bros. Discovery (WBD) stock rose about 5% in premarket trading on Thursday after the company reported strong streaming results in the third quarter that included its largest ever quarterly subscriber growth since the launch of Max. But revenue missed expectations as the media giant struggled with a drop in …

MILAN (Reuters) — Danish drugmaker Novo Nordisk’s (NVO, NOVO-B.CO) shares hit an over 9-month low on Thursday after surging more than 8% the previous day, as underwhelming guidance for next year overshadowed strong sales growth for its popular Wegovy weight-loss drug. The two-day move saw Europe’s biggest company by market …

By Milana Vinn, Echo Wang and Nupur Anand NEW YORK (Reuters) – Wall Street executives by and large are looking forward to business-friendly regulations as they analyze the implications of a second Donald Trump presidency, while some bankers were immediately tasked with discussing potential deals. Trump’s return to power is …

(Bloomberg) — The German 10-year yield rose above the equivalent swap rate for the first time on record as traders braced for the possibility of more bond sales next year under an administration that could be more tolerant of increasing debt. Most Read from Bloomberg The spread between the two …

(Bloomberg) — Emerging-market assets advanced Thursday as optimism over China’s stimulus prospects pushed stocks higher even as traders recalibrated their expectations in the wake of Donald Trump’s US election victory. Most Read from Bloomberg The Republican victory stirred up tariff threats for developing economies, adding volatility to markets already bracing …

By Selena Li, Scott Murdoch and Kane Wu HONG KONG/SYDNEY (Reuters) – More U.S. financial firms may pull back from China, hive off local units to minimise risks or pause expansion plans on concerns about geopolitical tensions in a Donald Trump presidency, industry executives and analysts said. Mainland China was …