U.S. Stock

U.S. stocks surged to record highs on Wednesday after Donald Trump’s victory in the 2024 presidential election, marking a remarkable return to the White House for the Republican candidate.  

Asian stocks dipped on Tuesday as the U.S. dollar hovered near multi-month highs and bond markets experienced a significant sell-off, signaling investors’ nervousness ahead of the U.S. presidential election. Benchmark 10-year U.S. Treasury yields surged by 11 basis points overnight, and gold hit a record high, surpassing USD 2,740 an ounce on Monday before settling at USD 2,725. 

The global market and economy still hold a series of unresolved issues that could not see the light of being solved in the remaining days left.