Dow, S&P and Nasdaq Creep to Records on Election Anniversary
All benchmark indexes ended at records exactly a year after Donald Trump secured an electoral college win that swept him into the Oval Office. Since then, the Dow Jones Industrial Average has risen around 30%.
Time Warner Inc. (TWX) tumbled on reports the Department of Justice is pressuring a sale of CNN before a deal to be bought by AT&T Inc. (T) - Get Report receives approval. However, AT&T CEO has said he has no intention of selling the cable news network.
Apple Inc. (AAPL) - Get Report today became the first publicly-traded U.S. company to surpass a $900 billion market cap. The iPhone maker has surged around 52% since the beginning of the year.
Zynga Inc. (ZNGA) - Get Report shares shot higher after beating analysts' estimates for its 11th straight quarter. The mobile game developer also announced plans to acquire the card game studio from company Peak Games.
Watch More with TheStreet:
- Here Is How Millennials Can Get Rich From Exchange Traded Funds
- How the Stock Market Has Done Under Trump Is Surprising: Michael Lewis
- Your Snapchat App Could Be About to Look a Lot Different
- A Year Into the Presidency, Trump's Golf Empire Is Far From a Hole-in-One
Don't miss the best videos of the week. Put Wall Street on Rewind and sign up for our weekly newsletter.
