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Futures on the Dow climbed 2.84%, while the S&P 500 rose 2.2%. The US dollar index hit its highest point since July.

Cryptocurrencies, which are considered part of the so-called Trump trade, jumped as well. Bitcoin surpassed $75,000, hitting an all-time high during early morning Wednesday. It surged past its previous all-time high of $74,000 on Tuesday night.Trumphas voiced his support of cryptocurrencies in the past.

Dogecoin, the volatile cryptocurrency championed by Elon Musk, a high-profile backer of Trump, rose by as much as 25% Wednesday against Tuesday’s closing level, though those gains have since been pared back to 16%. The cryptocurrency has surged almost 31% since the start of the week.

chennai meenakshi multispeciality hospital limited (523489) ✌️【Risk Avoidance】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. The Dow closed 425 points higher Tuesday or 1% up, the S&P 500 gained 1.2% and the tech-heavy Nasdaq climbed 1.4%, all underscoring investor optimism as Americans cast their ballots.

Historically, stocks have often risen on Election Day. This marks the sixth straight Election Day gain for the S&P 500 and Nasdaq.

chennai meenakshi multispeciality hospital limited (523489) ✌️【Risk Avoidance】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. Mark Haefele, chief investment officer of the wealth management unit at UBS, noted that S&P 500 futures and Russell 2000 index futures for smaller listed US companies were up, “likely on anticipation of stronger domestic growth, increased (mergers and acquisitions) activity, an extension to personal tax cuts and hopes of lower corporate taxes” as a result of a Trump victory.

“The prospect of a clear-cut election outcome may also be driving futures higher, given reduced uncertainty about the future,” he wrote in a note.

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chennai meenakshi multispeciality hospital limited (523489) ✌️【Risk Avoidance】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. Meanwhile, Mohit Kumar, economist at Jefferies, said financial companies and smaller companies were likely to lead further gains in US stocks.

“We also expect US equities to continue to outperform Europe and global indices,” he added in a note.

chennai meenakshi multispeciality hospital limited (523489) ✌️【Risk Avoidance】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. The Stoxx Europe 600 index, the benchmark for the region, was up 1.3%. Germany’s DAX and France’s CAC rose 0.8% and 1.4% respectively, while London’s FTSE 100 was trading 1.3% higher on the day.

US stocks have historically moved higher in the months after elections regardless of the result. “Most stock price movements over time are driven by earnings, inflation and interest rates,” said Adam Turnquist, chief technical strategist for LPL Financial. “Policy does matter, particularly tax and trade policy, but not as much as some might think.”

chennai meenakshi multispeciality hospital limited (523489) ✌️【Risk Avoidance】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. Traders are bracing for a turbulent week. Just two days after Election Day, the Federal Reserve will announce its latest interest rate decision, the first since it cut rates by half a point. The Fed’s announcement comes amid new data showing signs of a cooling US labor market, adding another layer to an already stacked week for markets.

chennai meenakshi multispeciality hospital limited (523489) ✌️【Risk Avoidance】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Selection 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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