Reported 19 days ago
The U.S. stock market surged to record highs on Wednesday, with the Dow Jones rising 3.5%, the S&P 500 up 2.5%, and the Nasdaq increasing 2.9% after Donald Trump triumphed over Kamala Harris in the presidential election. The election outcome spurred optimism in various sectors, particularly financials and technology, with notable gains for Tesla and major banks. As investors react to Trump's win, the Federal Reserve is expected to announce a rate cut, further adding to the market’s momentum.
Source: YAHOO