Investors are now flocking to “Trump trades” after former president Donald Trump secured the U.S. presidential election.
Declared the winner on Wednesday morning after achieving the 270 electoral votes needed to clinch the presidency, Trump’s victory has spurred immediate, dramatic reactions across global markets.
Following the announcement, Wall Street and bitcoin surged to fresh record highs, with the dollar showing a strong rally.
Gateway Church Removes Elders Over Founder Abuse Allegations – USA Herald
Japanese Nuclear Reactor Restart Halted Due to New Safety Concerns – USA Herald
New Orleans Saints Fire Head Coach Dennis Allen After Loss to Carolina Panthers – USA Herald
The gains reflected an optimistic market response to Trump’s return to office, with the dollar especially climbing after early election results hinted at a Republican win in Georgia. This made ripples in the markets, intensifying through Tuesday.
