The Dividend Cafe Tuesday - November 5, 2024

Election Day Market Update: Positive Movements and Economic Insights On Tuesday, November 5th, Brian Szytel provides a market update from West Palm Beach, Florida. Despite the busyness of election day, the markets showed positive movement, with the Dow rising 427 points, the S&P up 1.25%, and the Nasdaq up 1.4%. Bond yields also saw a slight drop. An anecdote features a sighting of Trump's motorcade. Economic highlights include a strong ISM services number for October, the highest in two years, and a notable increase in the trade deficit for September. The mix of higher growth and lower inflation figures contributed to the day's market optimism. 00:00 Introduction and Market Overview 00:40 Election Day Anecdote 01:14 Economic Data Highlights 01:51 Trade Deficit Insights 02:23 Conclusion and Sign Off Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com