The S&P 500 and the Dow scaled all-time highs on Wednesday, while the Nasdaq also jumped, as Republican Donald Trump won the 2024 U.S. presidential election in a remarkable comeback four years after he was voted out of the White House. The Dow Jones Industrial Average rose 628.5 points, or 1.49%, at the open to 42850.4. The S&P 500 rose 82.1 points, or 1.42%, at the open to 5,864.89.
Open FlipTrump Media & Technology Group stock (DJT) surged around 20% in early trading on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election. Ahead of the opening bell, shares had jumped as much as 36% in premarket trading. With a win in Wisconsin, Trump secured the 270 electoral college votes needed to win, according to the Associated Press.
Open FlipFood delivery and quick-commerce major Swiggy Ltd's initial public offering (IPO) saw 12% subscription on its opening day on Wednesday (November 6). The share sale received bids for 1,89,80,620 shares out of the 16,01,09,703 shares available, as per NSE data. The retail individual investors (RIIs) segment achieved a 54% subscription.
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