Post-debate slide: Shares of Trump Media & Technology Group, the parent company of Truth Social, fell more than 10% by the market’s close on Wednesday, the day after the presidential debate between former President Donald Trump and Vice President Kamala Harris. Since Trump Media’s debut on Wall Street in March, the company’s stock has traded as something of a proxy for Trump’s prospects in the November presidential election. Read more from the New York Times.
Check out the list: Multiple state routes throughout the Capital Region remain closed following Hurricane Francine, according to the Louisiana Department of Transportation and Development. See a full list of road closures from WAFB-TV.
On the rise: U.S. household wealth reached a fresh record in the second quarter, fueled by a steady rise in the value of real estate and Americans’ stock holdings. Household net worth increased $2.76 trillion, or 1.7% from the prior quarter, to $163.8 trillion, a Federal Reserve report showed Thursday. Read more from Bloomberg. A subscription may be required.
