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Today’s Latest Stock Market News. Trump, Harris, election, stocks, gold, bonds | 6 November 2024
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Today’s Latest Stock Market News. Trump, Harris, election, stocks, gold, bonds | 6 November 2024

Reaction from the Chamber of Commerce to Trump’s victory

The Chamber of Commerce, one of the leading business groups in the United States, offered its congratulations to President-elect Trump on Wednesday for winning the 2024 presidential election.

“Congratulations to incoming President Donald Trump and Vice President J.D. Vance and their members. 119th Congress is approaching and state and local elected officials across America,” Chamber of Commerce CEO Suzanne Clark said in a statement.

Trump became the expected winner in the race to become the nation’s 47th president, defeating Vice President Kamala Harris early Wednesday morning.

Clark said it was now “time to focus on important work.” economic growth agenda “This creates opportunities for businesses, families and individuals to achieve the American dream.”

He added that the Chamber of Commerce is “looking forward” to cooperating with the Trump administration and Congress on many issues.

In particular, he said the following in the statement:pro-growth tax policies“Regulatory relief” for businesses and AI.

The Chamber of Commerce wasn’t the only major business group to offer congratulations. The Business Roundtable, comprised of more than 200 CEOs, also issued a statement Wednesday saying it was “ready” to work with the Trump administration and “all federal and state policymakers” on policies.

Business Roundtable CEO responds to President-elect Donald Trump’s victory

Business Roundtable CEO Joshua Bolten issued a statement on behalf of the organization on Wednesday, congratulating President-elect Donald Trump and Vice President-elect J.D. Vance on their victory.

Business Roundtable, An association of CEOs He also extended congratulations to re-elected and newly elected members of Congress, governors and other state and local officials from leading U.S. companies seeking to spur economic growth and expand opportunities for Americans.

“We look forward to working with the incoming Trump Administration and all federal and state policymakers,” Bolten said.

He emphasized that the group is ready for cooperation. administration and members of Congress “that both parties advance policies that will support long-term economic growth and expand opportunity for all Americans.”

Bolten also applauded the millions of Americans who came out to vote and thanked election officials, judges and volunteers who “worked to ensure a free and fair election.”

Bolten joins other corporate executives across a variety of industries who have made statements throughout the election. Many reacted to the election results Including Mark Cuban
JPMorgan Chase CEO Jamie Dimon and former Amazon CEO Jeff Bezos.

The Chamber of Commerce also congratulated Trump on Wednesday for winning the election.

Stocks soar to all-time high

WE shares reached record high It’s Wednesday morning after President-elect Trump won his second term in the White House.

The Dow Jones Industrial Average rose 1,300 points, or about 3%. S&P 500 and Nasdaq Composite increased by 1.62% and 1.64% respectively.

Fox News predicted Trump would win the main battleground state of Pennsylvania, as well as Wisconsin, Georgia and North Carolina. At around 1:45 a.m., he was officially defeated by collecting more than 270 electoral votes. Vice President Kamala Harris.

Stock futures rally, Dow rises 1,200 points as Trump defeats Harris

WE stock futures It made strong gains Wednesday morning as President-elect Trump won a second term in the White House.

Dow Jones Industrial Average futures were up 1,250 points, or 2.95%, as of 9 a.m. S&P 500 futures and Nasdaq Composite Futures rose 2.15% and 1.76%, respectively.

Fox News predicted Trump would win the main battleground state of Pennsylvania, as well as Wisconsin, Georgia and North Carolina. At around 1:45 a.m., she officially defeated Vice President Kamala Harris by collecting more than 270 electoral votes.

Jamie Dimon reacted to Trump’s victory

JPMorgan Chase CEO Jamie Dimon He joined a growing list of business leaders commenting on the presidential election, saying in a statement that Americans should “unite behind” the winner, no matter who occupies the office.

“This is a time that requires all of us to find common ground and, most importantly, to respect and support our democratic process,” Dimon said in a statement to FOX Business. “Our country is the envy of the world, and if we can work together, we will ensure it remains that way for generations to come.”

Dimon, who has not publicly supported either candidate, said this was “one of the toughest fights and at times divisive.” Elections in our recent history.

Despite this, he said the country should “unite behind our future President and all our national leaders.” He called on Americans to “begin the work of bringing our nation together and focusing on the pressing economic and global issues before us.”

While Dimon has not publicly endorsed a candidate, people familiar with his thinking told Barron’s that he has quietly backed Vice President Kamala Harris. But he once described himself as “almost a Democrat” in a 2012 Politico report.

Dimon’s name reportedly floating around Treasury secretary.

The 68-year-old CEO has been vocal about “unfair” regulations. “It’s time to fight back,” he said at a conference last month, according to Reuters.

A person familiar with his thinking told Barron’s that Dimon would not accept a position in either administration.