BlockBeats News, November 7th. According to market data, the US stock market, with the best post-election performance in history, saw the S&P 500 Index hovering around 5930 points, hitting the 48th historical high so far this year. The Nasdaq 100 Index rose by 2.7%, setting its first record since July. The Dow Jones Industrial Average climbed 3.6%.
In addition, cryptocurrency-related stocks performed well, with MicroStrategy up by 13.17%, Coinbase up by 31.11%, and Tesla up by 14.75%. It is worth noting that the Trump Media & Technology Group (DJT) surged but retraced from its high, closing with a gain of only 5.94%.
