TheDrop Market Analysis, 11/26/24

Markets rose today as investors rode a wave of systematic enthusiasm for the future of the economy.

The Nasdaq led the way with a substantial rise of 0.6%, followed the S&P at 0.57% and the Dow at 0.3%. Today's headlines were focused on Donald Trump's proposed tariff policies, yet many investors shrugged it off.

Most Big Tech companies rose today, including Nvidia and Google. However, Amazon led its colleagues with a 3% rise, as its AI gambit entices public investment.

SMCI was one of the biggest hitters today, finally losing steam on its AI-powered double-digit surge throughout the past few days. Also, MSTR crumbled due to Bitcoin's reduced steam. A variety of earnings reports today were released, mostly negative, resulting in dramatic downfalls in many isolated parts of the market. However, some Nasdaq growth countered these instances.