Reported 19 days ago
Former President Donald Trump has won the 2024 U.S. presidential election, leading to a positive market reaction with significant gains across various sectors, particularly in crypto. Market strategist Steve Sosnick noted that trading surged after the election results, attributing the enthusiasm to expectations of renewed tax cuts from Trump's previous administration. Although the victory may not affect the Federal Reserve's upcoming policy decisions, optimism continues to drive market trends.
Source: YAHOO