US Stock Market: How it Responded to Donald Trump’s 2024 Election Win
After a historic election season, Donald Trump has once again emerged as the country’s commander-in-chief. Beating out current vice president Kamala Harris, the race provided a wide gap in both candidates, as all eyes now turn to what the next four years could look like. In the immediate aftermath, however, we break down how the US stock market reacted to Donald Trump’s 2024 election win. The victory couldn’t have occurred at a better time. Earlier this week, inflation figures were reported at 2.1%, just hovering above the Federal Reserve’s target. Moreover, with interest rate cuts expected, there is a bullish sentiment beginning to form around the country’s economic standing. That should have had a direct impact on the country’s stock market. Dow Jones Soars After Trump Election Win Source: CNBC Also Read: Nivida (NVDA) Boots Intel (INTC) From Dow Jones Index After 25 Years The 2024 presidential election outcome proved to be massive for the Dow Jones. Indeed, it led the way, with DOW