Closing Bell: Fitbit Benefits From Dubious Buyout Offer; Dow at Record

Wall Street remained divided as investors tried to gauge possible policies after a Trump win. The Dow closed out at a new record, while the Nasdaq plummeted on a tech sell-off. Financials benefited from a post-election rally as investors bet on reduced regulatory hurdles for the sector. Trump advisors are also reportedly considering naming JPMorgan Chase (JPM) - Get Report CEO Jamie Dimon as the administration's Treasury secretary. Fitbit (FIT) - Get Report surged after a filing from China-based firm ABM Capital which offered a buyout. However, Fitbit has denied any offer was made and the veracity of the deal has not yet been confirmed. SodaStream (SODA) - Get Report jumped after a better-than-expected quarter. The homemade soda company benefited from a renewed focus on sparkling water sales. Revenue from that unit spiked more than 20%.