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Stocks roar out of the gate after Donald Trump election win

Stocks roar out of the gate after Donald Trump election win

CBSN
Wednesday, November 06, 2024 03:05:46 PM UTC

Stocks and other financial assets are surging after Donald Trump was projected as the winner of the U.S. presidential election  and the Republican party gained control of the Senate.

The Dow Jones Industrial Average shot up more than 1,200 points, or nearly 3%, in early trading Wednesday, while the broader S&P 500 and tech-heavy Nasdaq Composite each gained more than 2%.

Many investors expect Trump's victory to lead to faster economic growth and more market-friendly policies.

Read full story on CBSN
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