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Trump Victory Reverberates Through the Markets

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“Stock futures jumped and Treasury yields surged as Donald Trump inched toward victory in the presidential election, with investors piling into trades aligned with his policies on areas including tariffs, taxes, government borrowing and cryptocurrencies,” the Wall Street Journal reports.

“Shares of Trump Media & Technology, known as DJT, soared. The U.S. dollar, bitcoin and shares of Tesla—bets that are also linked to Trump’s prospects—rose.”

CNBC: “Stocks were poised for a booming rally Wednesday as Donald Trump won the 2024 presidential election.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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