Donald Trump NOV 7, 2024
Wall Street erupts as Trump wins 2nd term
Trump’s historic comeback sparked enthusiasm in cryptocurrency markets as well, with Bitcoin touching a new all-time high above $73,000.
Wall Street celebrated Trump’s return to the White House with a massive surge Wednesday morning. Dow futures rocketed more than 1,000 points higher before pulling back.
The S&P 500 and Nasdaq futures followed suit, both jumping over 1% in early trading.
Market optimism had begun building even before Trump’s victory became clear. All three major market averages rose over 1% on Tuesday, with every sector in the S&P 500 locking in gains.
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