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Market wraps 8th November 2024

Weekly Wrap 8 November

This week saw global markets rally in anticipation of the outcome of the US Presidential Election earlier this week. Wall Street rallied following Donald Trump’s second win of the US presidential election, with the major averages reaching record highs at the closing bell on Wednesday. 

In this week’s wrap, Grady covers:

  • (0:42): why the gold price took a hit this week
  • (1:22): EV giant Tesla’s share price jump
  • (2:12): how energy & industrials performed this week
  • (3:27): stock & sector beneficiaries of the Trump victory 
  • (4:51): how the ASX200 performed this week so far 
  • (5:40): the most traded stocks & ETFs by Bell Direct clients 
  • (6:10): economic news items to watch out for.