Stocks Hit Record Highs After Trump Survives Assassination Attempt; DJT Jumps 30%
Sectors & Industries
July 24, 2024
Despite the assassination attempt on Donald Trump, U.S. stocks hit record highs early in the week before selling off. Historically, such events cause market dips, but strong fundamentals like the AI boom and inflation progress have kept stocks resilient.
Notably, stocks likely to be favored under a possible Trump presidency saw a significant jump. DJT surged nearly 30% on the 15th.
This was followed by the long-expected RNC convention in Milwaukee, where Trump announced his Vice Presidential pick: Ohio Senator JD Vance.
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