U.S. stocks and Bitcoin surge following Trump's election victory

nzherald.co.nz

U.S. stocks linked to the economy, including major tech firms like Nvidia and Tesla, surged after Donald Trump's election victory. The Dow Jones, S&P 500, and Nasdaq reached record highs, marking the best post-election performance in U.S. history. Bitcoin also hit a new all-time high, surpassing $76,000. Analysts noted that the market responded positively to the certainty provided by Trump's decisive win. Historically, the S&P 500 has averaged a 16.4% increase one year after U.S. elections, according to data from Morningstar Direct Edward Jones.


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