After former President Donald Trump’s win in the Nov. 5 election, the Dow surged and the S&P 500’s financial sector jumped 6.2% as investors embraced the possibility of deregulation and tax cuts.
Along with a huge increase in cryptocurrency, major tech firms such as Tesla, Alphabet and Amazon enjoyed significant increases.
However, corporations like Nike and Target were affected by concerns about tariffs. Rising bond rates also significantly impacted real estate market.
Sara Mercedes is an International Business Administration senior working toward obtaining a position in a global news organization by integrating the communications and media skills she obtained at CARTA with knowledge from her business degree. Her dream would be to land a job in a destination she has not lived in before, like South Africa or Los Angeles. She spends her free time trying new things, preferably outside her comfort zone, be it a sport or intellectual field.
