U.S. stock markets surged on Wednesday after Donald Trump secured a second presidential term, providing investors with clarity on future policies. The Dow Jones soared over 1,400 points, reaching an all-time high and marking one of its largest single-day gains in recent history.
The S&P 500 and Nasdaq also climbed, fueled by hopes of pro-business policies expected under Trump’s leadership, including potential tax cuts and deregulation. Trump’s win, which gave Republicans control of both the presidency and Senate, has relieved markets that were jittery over possible election disputes.
With Trump’s policies anticipated to benefit key industries, stocks like Tesla and bank shares saw substantial gains, while Bitcoin hit a record high. Investors believe the clear-cut result could mean stability in economic policy, a welcome development after months of uncertainty.