Reported 19 days ago
Following Donald Trump's election victory, U.S. stock markets, bitcoin, and major banks experienced significant gains, with the S&P 500 rising 2.5% and the Dow Jones surging by 1,508 points. Investors speculate that Trump's policies could stimulate economic growth but also exacerbate inflation, particularly through proposed tariff increases. While sectors like renewable energy faced losses, stocks tied to Trump's agenda, such as banks and cryptocurrency, climbed amid expectations of a more business-friendly environment.
Source: YAHOO