Financial markets could benefit from Donald Trump’s second term, says Wharton’s Jeremy Siegel. But they could also serve as a check against certain excesses.

I think the Trump stock market rally will end because of Trump. In particular, stocks will suffer (eventually) because of Trump's tariffs. The president-elect has pledged to impose 10% to 20% tariffs on all imports into the U.S. and wants tariffs of between 60% and 100% on all Chinese imports.

President-elect Donald Trump’s win, coupled with a quarter-point interest rate cut from the Federal Reserve, pushed major stock indexes into record territory.

Stocks are headed for the best week of 2024, with the S&P 500 on track for a 4% gain, while the Nasdaq 100 is up more than 5%.

World shares are mostly lower after the Federal Reserve cut interest rates again to ease pressure on the U.S. economy.

The stock market reaction Wednesday to Republican Donald Trump's victory over Democrat Kamala Harris was swift and powerful, sending the Dow, the S&P 500 and the Nasdaq to all-time highs. The Fed rate cut the next day was icing on the cake for market bulls,

Stocks are on a roll this month, with the S&P 500 notching its 50th record high of the year and topping the 6,000 point mark for the first time ever.

U.S. stock futures were heading higher early Monday, building on the record highs reached last week. Dow Jones Industrial Average futures added 50 points, or 0.1%. S&P 500 futures were gaining 0.2% and Nasdaq 100 futures increased 0.