On Wednesday, the US stock market once again hit a record high. $S&P 500 Index (.SPX.US)$ The 48th highest point in history since this year has been reached, and the market generally expects the newly elected president to pursue policies to promote economic growth. $NASDAQ 100 Index (.NDX.US)$ It rose 2.7%, setting a new record for the first time since July; $Dow Jones Industrial Average (.DJI.US)$ It rose 3.6%.

Due to Trump's support for digital assets during the election campaign, $Bitcoin (BTC.CC)$The price hit a record high and is regarded as the target of the “Trump Deal”; US Treasury yields are rising across the board, especially longer-term treasury yields.$U.S. 10-Year Treasury Notes Yield (US10Y.BD)$It rose 17 basis points to 4.44%. The reason is that traders have lowered their expectations that the Federal Reserve will cut interest rates. Investors are doubling down on tax cuts and tariff policies that could cause price pressure, which has also raised concerns that Trump's proposals could increase budget deficits and stimulate bond supply.

Small-cap stocks rose sharply by 5.8%, and the market speculated that these stocks would benefit from Trump's protectionist stance, while expectations of tax cuts and deregulation boosted bank stocks. Insurance companies focused on the health insurance market have risen sharply as the new government is expected to increase payment rates for private health plans.

Furthermore, commodity markets are under pressure, and the prices of gold, copper, and oil have generally declined. “Panic Index” $CBOE Volatility S&P 500 Index (.VIX.US)$ The biggest drop since August.

On the US exchange, nearly 19 billion shares were traded, and the trading volume was 63% higher than the average daily level for the past three months. The Dow Jones Transportation Average finally broke through a new high after not reaching a record high for three consecutive years. This performance also confirms the strong trend of the industrial index. For supporters of the Dow Jones index investment theory, this breakthrough is seen as a bullish sign, indicating that the simultaneous rise of the two major indicators indicates a positive market outlook.

Top 5 US Stock ETF Gainers

$GraniteShares 2x Long COIN Daily ETF (CONL.US)$ Up 61.54%, with a turnover of nearly 1 billion US dollars;

Trump has said he will fire Gary Gensler, chairman of the US Securities and Exchange Commission after taking office. He has almost become a “public enemy” of the cryptocurrency industry due to strict regulatory measures. Markets generally expect that during Trump's second term, investigations and prosecutions against the crypto industry during the Biden administration may be withdrawn, and voices supporting the industry will dominate.

$Direxion Daily Regional Banks Bull 3X Shares ETF (DPST.US)$ It rose 40.4%, and the turnover exceeded 0.6 billion US dollars;

Investors are betting that Trump will deliver on his promises to lower taxes and ease banking regulations. Trump vowed during the election campaign to reduce the corporate tax rate from 21% to as low as 15%, and that every time a new rule was added, 10 old rules would be abolished.$KBW Nasdaq Bank Index (.BKX.US)$It closed up 10.7%, a new high since February 2022.

$GraniteShares 2x Long TSLA Daily ETF (TSLR.US)$,$Direxion Daily TSLA Bull 2X Shares (TSLL.US)$und$T-REX 2X LONG TESLA DAILY TARGET ETF (TSLT.US)$ Both increased by nearly 30%;

$Tesla (TSLA.US)$The market capitalization has grown by 300 billion US dollars since the April low. As of the close of the US stock market on Wednesday, Tesla reached an intraday high of 289.59 US dollars, a new high during the year. Analysts expect that this round of elections will bring more car sales to Tesla, more advertising orders for X, and more support for Musk's American Space Exploration Technology Company (SpaceX).

Top 5 US ETF declines

$AdvisorShares MSOS Daily Leveraged ETF (MSOX.US)$ It fell 54.71%, and the turnover exceeded 30 million dollars;

Trump's election victory has brought new uncertainty to the cannabis industry, and investors are worried that cannabis reforms will be blocked; investors need to assess the risks that policy changes may bring while focusing on possible investment opportunities. As of Wednesday's close,$Canopy Growth (CGC.US)$ fell 21.11%, $Green Thumb Industries Inc. (GTBIF.US)$ fell 16.48%, $Aurora Cannabis (ACB.US)$ It fell 16.2%.

$Defiance Daily Target 2X Long SMCI ETF (SMCX.US)$ It fell 36.67%, and the turnover exceeded 34 million dollars;

$Super Micro Computer (SMCI.US)$ Preliminary estimates for the third quarter sales increased by 183% year-on-year, and sales growth slowed to a minimum of 50% in the fourth quarter. The results for the previous quarter and this quarter were not as good as Wall Street expectations, and it is still impossible to predict when the annual report for the previous fiscal year will be released, and the risk of delisting has increased.

$GRANITESHARES 1X SHORT COIN DAILY ETF (CONI.US)$ fell 30.41%, and the turnover exceeded 13 million US dollars;

$GraniteShares 2x Short TSLA Daily ETF (TSDD.US)$ with$T-REX 2X INVERSE TESLA DAILY TARGET ETF (TSLZ.US)$ decreased by 29.58% and 29.41%, respectively;

Top 5 largest market index ETF gains

Top 5 Industry-Based ETF Growth Rankings

Top 5 commodity ETF growth rankings

Top ETFs and hot events

In the early morning of the 6th EST, US Republican presidential candidate Trump personally announced his victory in the 2024 presidential election. At the same time, a “Trump deal” storm broke out in global capital markets.

Cryptocurrency sector

After Trump defeated Democratic rival Kamala Harris in the US presidential election, $Bitcoin (BTC.CC)$ It hit a new high of around $76,400. On the policy side, Trump's close aide, Senator Cynthia Loomis, proposed the establishment of a strategic Bitcoin reserve for the US; Trump has also said that he will fire US Securities and Exchange Commission Chairman Gary Gensler after taking office; furthermore, the Trump administration may encourage or regulate cryptocurrency mining activities.

Steel sector

The market is concerned about whether Trump will adopt measures similar to those in 2018 to impose tariffs on imported steel after his election. According to reports, the Trump administration imposed a 25% tariff on imported steel and a 10% tariff on imported aluminum in 2018. $VanEck Steel ETF (SLX.US)$ You can track trends in related sectors.

Communication services sector

As a defensive industry in the communications services sector, it has shown resistance to confrontation and risk during periods of intense market intensity, and can maintain relatively stable performance in different economic cycles. Wednesday$Invesco S&P 500 Equal Weight Communication Services ETF (RSPC.US)$ und $The Communication Services Select Sector SPDR® Fund (XLC.US)$ Both rose 2.6%. The main factors driving the sector's rise include the recovery of the digital advertising market, continued growth in demand for streaming media and entertainment, and the drive for technological innovation.

Photovoltaic energy sector

Trump promised that once he enters the White House, he will abolish Biden's electric vehicle updates and simplify related regulations. In a recent media interview, John Paulson also said that if Trump eventually wins the election and asks him as the new US Treasury Secretary, he will work with Trump to cut federal spending on a large scale.$Invesco Solar ETF (TAN.US)$ You can track trends in related sectors.

Precious metals sector

Judging from historical trends, gold generally did not perform well after the US presidential election. Gold experienced a year-long rise, driven by increased global central bank purchases, geopolitical tension, and falling interest rates. This rebound was reversed due to concerns that Trump's proposed tariffs and immigration could re-ignite inflation. $ProShares Ultra Gold (UGL.US)$ , $SPDR Gold ETF (GLD.US)$ You can track the trend of precious metal ETFs such as gold.

Edited by Irene, Danial