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US stocks: S&P 500 sees best post-election day in its history
Thursday, 7 November 2024
US stock markets surged to record highs as investors celebrated Donald Trump's presidential victory and the potential for Republican control of Congress. The S&P 500 saw its most significant post-election rally ever, fueled by expectations of pro-growth policies. Treasury yields climbed on bets of reduced Fed rate cuts and concerns about Trump's fiscal policies.
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