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The US stock market, Elon Musk’s Tesla, banks, and bitcoin are all storming higher Wednesday as investors bet on what Donald Trump’s return to the White House will mean for the economy and world.
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Stock market today: BSE Sensex and Nifty50 tanked in trade on Friday. BSE Sensex ended the day at 79,402.29, down 663 points or 0.83%. Nifty50 closed the day at 24,180.80, down 219 points or 0.90%.
New economic data due today will also shape yield expectations and stock market sentiment. Durable goods orders, for example, are expected to show a 0.5% drop in September after flatlining in August.