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Published on 6 Nov 2024 on Benzinga

Trump's Win Sends Indices To Record Highs; Financials, Small Caps Surge, Bitcoin...

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An “everything rally” powered Wall Street on Wednesday after the 2024 election results, with Donald Trump emerging as the clear presidential winner. The Republican Party reclaimed control of the Senate, while the House of Representatives leans Republican but remains undecided.

The major U.S. equity indices – the S&P 500, Dow Jones Industrial Average, and Nasdaq 100 – surged to record highs in early trading, as investor optimism grew on expectations of more favorable tax policies.

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