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Swiss stock market resilient as Trump election impacts European trading centers
The Swiss stock market is performing better than other European markets following Donald Trump's election victory, with UBS and Partners Group seeing gains, while Nestlé shares have fallen below 80 francs. Traders anticipate a year-end rally, with a critical meeting of the US Federal Reserve approaching, where rate cuts are expected amid shifting policy dynamics influenced by Trump's upcoming tariff plans.
Dow Jones surges as Trump victory reshapes market expectations and Fed outlook
The Dow Jones experienced its largest pre-market surge in two years following Donald Trump's election victory, with Trump Media shares soaring over 40%. Traders anticipate a year-end rally, while the upcoming US Federal Reserve meeting is expected to address potential rate cuts amid shifting policy dynamics.
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