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cover of episode Stocks Surge To Records After Trump Victory; Palmer Luckey On New Defense Tech 11/06/24

Stocks Surge To Records After Trump Victory; Palmer Luckey On New Defense Tech 11/06/24

2024/11/6
logo of podcast Closing Bell

Closing Bell

Chapters

The stock market reacts positively to Trump's victory, with record highs for major indices. Experts discuss the potential impacts on various sectors and investor sentiment.
  • Dow, S&P 500, and Nasdaq close at record highs.
  • Investors hope for less regulation on Wall Street.
  • Tech sector and M&A activity expected to be impacted.

Shownotes Transcript

The Dow, S&P 500 and Nasdaq all closed at record highs as stocks surged the day after Donald Trump's presidential victory. We break down what the next steps are going to be across the key sectors and for your money. Interactive Brokers' founder Thomas Peterffy talks about investors hoping for less regulation on Wall Street, while longtime tech investor Alan Patricof gives his take on what happens now for Big Tech and M&A. Plus, Anduril founder Palmer Luckey on the growing relationship between Silicon Valley and the Defense Department.