Investors have been actively adding US stocks, including Tesla, Nvidia, Trump Media, and Microsoft, to their portfolios ahead of the US election, resulting in a surge in the stock market following Donald Trump’s re-election announcement, with the S&P 500 reaching record highs. Trading volumes spiked, with Tesla being the most-traded stock, despite concerns over potential policy changes impacting clean energy businesses. Other notable stocks traded included Coinbase, MARA Holdings, and MicroStrategy, all closely associated with bitcoin, which saw significant gains post-election. Nvidia, while seeing modest gains, faces increased risk due to geopolitical tensions surrounding its chip supply chain. Overall, while some investors may have been surprised by the outcome, the stock market largely welcomed Trump’s win as reflected in the S&P 500’s positive response.
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South Korean president vows to ‘never give up’ after impeachment vote
South Korean president Yoon Suk Yeol was impeached by the national assembly after a failed attempt to impose military rule, with his duties suspended and authority passed to the prime minister. The constitutional court will deliberate on his removal within six months, triggering cheers and calls for justice from protesters. This marks a crucial moment in South Korea's democracy, highlighting the importance of checks and balances in upholding democratic principles and the rule of law....
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