Trump receives global congratulations and markets rally on first day as president-elect
Donald Trump, re-elected as US President, received congratulatory calls from world leaders on his first day as president-elect. Notable calls came from Indian Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu, among others.
Trump's victory led to a surge in US markets, with stocks and cryptocurrency rising. His campaign team is preparing for the transition process, which includes meetings with President Biden's staff to ensure a smooth handover.
Special Counsel Jack Smith is reportedly considering dropping federal cases against Trump, citing presidential immunity. This development could impact ongoing legal challenges as Trump prepares for his second term starting January 20, 2025.