Investors celebrated Donald Trump's win to become the 47th president of the United States, which will likely usher in pro-business policies.
U.S. stock futures rallied as Donald Trump appeared to defeat Vice President Kamala Harris in one of the most contentious elections in U.S. history. Dow futures spiked over 1,000 points, before pulling back, as Trump took the stage at his headquarters in Florida, thanking his supporters and promising to restore the country. "We're going to pay you back. We are going to do the best job. We're going to turn it around.
Even before Trump appeared to emerge as the winner, stock futures were steadily climbing, building on a rally Tuesday in which all three of the major market averages rose over 1% as all the major sectors in the S&P 500 locked in gains. "What the outcome of an election does is to provide us some certain amount of falling uncertainty" Ken Fisher, chairman and founder of Fisher Investments, said during an interview on "Cavuto Coast to Coast" ahead of the election outcome.
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