Dow Gains Nearly 600 Points After Fox Business Guest Predicted 'Crash' After Trump Conviction
What was the actual performance of the Dow Jones Industrial Average the day after Donald Trump's conviction?
The day after Donald Trump's conviction, the Dow Jones Industrial Average gained nearly 600 points, closing with a 1.5% increase. This contradicted the prediction made by Breitbart economics reporter John Carney on Fox Business, who had forecasted a market crash if Trump was found guilty.
How did the S&P 500 and NASDAQ perform following the news of Trump's conviction?
The S&P 500 and NASDAQ had mixed performances following the news of Trump's conviction. The S&P 500 notched a 42-point gain, or 0.8%, while the NASDAQ was down slightly, shedding 0.4%.
On what charges was former President Donald Trump found guilty by a Manhattan jury?
Former President Donald Trump was found guilty by a Manhattan jury on 34 counts of falsifying business records to cover up a hush money payment to a porn star, making him the first former U.S. president to be convicted of a crime. The payments were made to conceal extramarital affairs and prevent them from becoming issues in the 2016 presidential campaign.