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Wallstreetcn
2024.11.08 21:00

During the week of the U.S. election and the Federal Reserve's interest rate cut, the S&P 500 Index rose approximately 4.6%, the Dow Jones Industrial Average rose approximately 4.6%, and the NASDAQ Composite Index rose approximately 5.7%. The Philadelphia Semiconductor Index rose approximately 5.7%, and the Philadelphia Bank Index rose approximately 8.4%. On Friday, the S&P 500 Index initially closed up approximately 0.3%, with the utilities, real estate, consumer staples, consumer discretionary, and industrial sectors rising over 1%, while the technology sector fell 0.3%, the telecommunications sector fell 0.7%, and the materials sector fell 0.8%. The NASDAQ 100 Index initially closed up approximately 0.1%, with Tesla rising 8%, Pinduoduo ADR falling 6.4%, Moderna falling 6.8%, and Airbnb ABNB falling 8.6%. Salesforce rose 3.5%, leading the Dow components, while NVIDIA fell 0.9%, Amazon fell 0.9%, and Caterpillar fell 3.6%

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