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Midday Market Update

U.S. Markets Aim to Extend Post-Election Rally

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U.S. Markets
U.S. markets are continuing to see gains on Thursday as investors re-evaluate initial beliefs as to how the presidency of Donald Trump will impact the nation.

The Dow Jones Industrial Average and S&P 500 started the morning in the green and are on track for their best week of the year, though increased volatility in prices may change their direction throughout the day. The Dow surged to a new all-time intraday record soon after the markets opened, while the S&P has made strides of its own and looks to close in on its record with financials and bank stocks leading the way.

Milad Nourmohammadi does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.