Reported 19 days ago
US stock markets surged to record levels, with the Dow Jones up 3.5% and the S&P 500 rising 2.5%, after Donald Trump won the presidential election against Kamala Harris. Investors responded positively to his victory, which is perceived as favorable for the financial sector. Stocks like Tesla saw significant gains, while clean energy shares faced declines due to Trump's stance on climate policies. The results have led to expectations of a Federal Reserve interest rate cut, which further fueled market optimism.
Source: YAHOO