Written by 11:01 AM Economics

The New York Stock Exchange is ecstatic over Trump… Dow closes above the 44,000 mark for the first time.

Following former President Donald Trump’s election victory, the New York Stock Exchange has continued its rally.

On the 11th local time, the Dow Jones Industrial Average increased by 0.69% from the previous session, closing at 44,293.13.

This marks the first time the Dow has closed above the 44,000 mark.

The S&P 500 index also rose by 0.1%, closing above the 6,000 mark, while the tech-heavy Nasdaq index increased by 0.06% to reach a new record high.

Financial stocks, which have emerged as beneficiaries of Trump’s second term, remained strong, with GameStop, a leading ‘meme stock,’ soaring over 9%.

Reporter: Han Mihee ([email protected])

#NewYorkStockExchange #TrumpRally #DowIndex

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