U.S. Stocks Surge to Record Highs, Adding $1.2 Trillion After Trump Win

Nov 6, 2024, 09:21 PM

The U.S. stock market experienced a historic surge following Donald Trump's victory in the 2024 presidential election. The Dow Jones Industrial Average leaped 1,500 points, marking its best day since 2022 and the fourth-largest point gain in its history. The S&P 500 and Nasdaq also soared to record highs, with the S&P 500 having its best day in nearly two years. The market added over $1.2 trillion in value, with stocks jumping by 5% as investors responded positively to the news. The Dow rose by 3.5%, the S&P 500 by 2.5%, and the Nasdaq by 2.9%. This post-election rally represents the greatest post-election-day stock market gain in history, with major benchmarks hitting record highs.