• 13 hours Can Twitter Sway Economic Policy?
  • 16 hours Widespread Power Outages Hit New York City
  • 19 hours Equifax To Pay $700 Million To Settle Data Breach Case
  • 21 hours Netflix Struggles To Rebound After Subscriber Hit
  • 2 days $15,000 For Your Crypto’s Ticket To Visibility
  • 3 days The Next Fashion Frontier
  • 4 days What Is Africa’s Role In The New Silk Road?
  • 5 days Trump Was Right About The Dollar
  • 5 days Is Silver Gearing Up For A Rally?
  • 5 days World’s Largest Hedge Fund Turns Bullish On Gold
  • 5 days It’s Time To Spend More On Clean Energy R&D
  • 6 days Contrarian Investors Are Beating The Stock Market
  • 6 days Bulgaria’s Revenue Agency Falls Victim To Biggest Cyber Heist In History
  • 6 days Amazon Faces European Union Anti-Trust Probe
  • 6 days Commodities Are Having A Stellar Year
  • 7 days Bezos’ Next Big Project Could Be Worth $100 Billion Per Year
  • 7 days 3,600 Years Later, Climate Change Turns Mammoths Into $40M Market
  • 7 days Tesla, Apple Claim China Is Stealing Intellectual Property
  • 7 days EV Giants Duke It Out For Battery Dominance
  • 8 days Tech Billionaire Takes Aim At Google
Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  1. Home
  2. Markets
  3. Other

Historic Swings: 132 Points on SP500; 270 Nasdaq; 1325 Nikkei

Those who promised immediate Armageddon if Donald Trump won the election were temporarily elated until Trump gave a very gracious election win speech.

The stock markets globally had wild swings as did US treasuries, the dollar, and gold.

You need to go all the way back to the dark days of 2008 to find a stock market reversal to rival that of the last 12 hours, in which S&P 500 Index futures erased a 5 percent loss triggered by Donald Trump's surprise presidential election win. Bigger turnarounds only happened three times before, twice in the final months of 2008 and the other in October 1987, data compiled by Bloomberg show. Stocks turned higher on Wednesday as speculation the Republican will pursue business-friendly policies offset some of the broader uncertainty surrounding his ascent.


S&P 500

S&P500 1-Day Chart


Nasdaq

NASDAQ 1-Day Chart


Nikkei

NIKKEI 1-Day Chart


US Dollar Index

US Dollar Index 1-Hour Chart


10-Year Treasury Yield

10-Year US Treasury 1-Day Chart


Gold

Gold 1-Day Chart

At one point the equity futures were limit down. Now they are green. It was quite a historic reversal, as was the election.

 

Back to homepage

Leave a comment

Leave a comment