The projected victory in key battleground state Pennsylvania marked a major step for Trump to clinch the White House.
Index futures on the Russell 2000 index , the benchmark for smallcap stocks, jumped nearly 6% in early premarket trading Wednesday, borne of confidence that domestically-oriented economic growth will grow more rapidly, corporate tax rates will stay low and borrowing rates will come down if former President Donald Trump secures a second term in office. @TFS.1 5D mountain Russell 2000 December index futures over past five days.
Among individual stocks that are rising in early trading and helping to lift the smallcap index private prison operators Geo Group , up 24%, and CoreCivic , higher by more than 21%, Qualys ahead 19%, Revolv Group , rising almost 19% and CleanSpark , which added more than 14%.
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