Remember that historically, the US stock market tends to rise after the winner of an election is announced, regardless of the victorious party.
The opening
The U.S. stock market surged at the market open after Trump’s victory was announced.
A gain
The Dow Jones recording a gain of over 1,300 points.
The victory
The stock markets opened positively after the surprising announcement of Trump’s victory in the presidential election, news which, far from upsetting the markets, seems to have supported them, at least for the time being.
Dow Jones Industrial
The Dow Jones Industrial saw its shares rise by 3% the morning after the election results were announced, while the Nasdaq and S&P 500 gained 2%.
DJT
Shares in DJT, Trump’s stock market company, recorded a 17% gain, while those in Tesla and Elon Musk climbed over 14%.
Bitcoin
Bitcoin also saw its value rise by more than 7%.
The victorious party
Remember that historically, the US stock market tends to rise after the winner of an election is announced, regardless of the victorious party.
Trump
In 2020, Trump warned that the huge growth in the stock market under his presidency would collapse if voters replaced him with Joe Biden.
Even more spectacular gains
However, since Biden’s arrival in the White House, the US stock market has recorded even more spectacular rises, breaking several records.