TheDrop Market Analysis, 10/14/24

Markets ended incredibly strong to start a very chaotic week in the stock market.

All index funds finished well, especially the Nasdaq. Nvidia carried today's surge in stock prices all across the board, as investor confidence in the chipmaker reached its peak, setting all-time records in share price.

All other large technology companies followed suit, especially Trump Media, which surged by 20%. Tesla and Apple also made very marginal gains today.

Meanwhile, several Chinese stocks including XPeng fell significantly after news broke out about their intent to possibly "overthrow" their western counterparts. Nio, a large manufacturer of electric vehicles, also fell by a similar margin due to the tensions between the west and the east over EV tariffs and competition.