Current:Home > ScamsThe Daily Money: Markets react to Election 2024 -VitalWealth Strategies
The Daily Money: Markets react to Election 2024
View
Date:2025-04-18 05:24:00
Good morning! It’s Daniel de Visé with your Daily Money, post-election markets edition.
U.S. stocks staged a post-election rally last week, notching record highs, with the Dow and S&P 500 posting their best weekly performance of the year. The S&P 500 and Dow were both about 4.7% higher for the week, and on track for their best week since November 2023, Medora Lee reports.
As the stock market rose, the bond market fell
As a New York Times writer noted the other day, stock investors are optimists, while bond investors are pessimists.
As stocks roared to record highs in the wake of news of Donald Trump’s election triumph, the bond market sank. On Wednesday, the yield on 10-year Treasury bonds rose to 4.479%, a four-month high. A higher bond yield means a declining bond market: Bond prices fall as yields rise.
While stock traders rejoiced, bond traders voiced unease with Trump’s fiscal plans.
Does the 60/40 rule have a future?
Here's more on stocks and bonds.
The 60/40 rule is a fundamental tenet of investing. It says you should aim to keep 60% of your holdings in stocks, and 40% in bonds.
Stocks can yield robust returns, but they are volatile. Bonds serve as a buffer when stock prices fall.
The 60/40 rule is one of the most familiar principles in personal finance. Yet, not long ago, much of the investment community walked away from it.
📰 More stories you shouldn't miss 📰
- What's open on Veterans Day?
- The surprising thing Disney fans do on vacation
- How to plan for Social Security benefits
- How to lower your taxes in retirement
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (97)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- These Beauty Hacks From the Dancing With the Stars Cast Deserve a Perfect 10
- Senior Nigerian politician found guilty of horrific illegal organ harvesting plot in U.K.
- Banking fears spread to German giant Deusche Bank
- Trump issues order to ban transgender troops from serving openly in the military
- Here's How You Can Get the Glazed Donut Nail Look at Home for Just $20
- Chrishell Stause Reveals the Beauty Hack That Keeps Her Looking Young
- Shop These 26 Home, Beauty & Fashion Faves From Women of Color-Founded Brands
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Netanyahu announces pause to judicial overhaul plan after days of strikes that threatened to paralyze economy
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- In France, some protests against increased retirement age turn violent
- Vanderpump Rules' Tom Sandoval and Ariana Madix Break Up
- Paris Hilton Showcases Her Mom Style in Sparkling Gown at Lele Pons' Star-Studded Wedding
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Monarch butterfly presence in Mexican forests drops 22%, report says
- Target Has Cute, Affordable & Supportive Bathing Suits Starting at $15
- Berlin holds funeral for human bone fragments held by the Nazis to grant peace to all the victims
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
China's leader Xi Jinping meets Putin in Moscow days after Russian leader charged with war crimes
Credit Suisse shares slide after rival UBS buys it for $3.2 billion
Shop These BaubleBar Deals Starting at $4: Rings, Necklaces, Earrings, Bracelets, Hair Clips, and More
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
TikToker Alexandra Xandra Pohl Reveals What the Influencer Community Is Really Like
Revolve's One-Day Only Sitewide Anniversary Sale Has the Trendiest Spring Styles
The MixtapE! Presents BTS' j-hope, Hayley Kiyoko, Jimmie Allen and More New Music Musts