Stocks, bitcoin soar as Trump edges out Harris in 2024 election: LIVE Updates

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Former President Trump edged out Vice President Kamala Harris in one of the most heated elections in U.S. history fueling big gains for the stock market as well as cryptocurrencies. Republicans also swept, winning the House and Senate.

The Chamber of Commerce, a major U.S. business group, on Wednesday offered its congratulations to President-elect Trump on winning the 2024 presidential election. “We congratulate President-elect Donald Trump and Vice President-elect JD Vance, along with the members of the incoming 119th Congress and state and local elected officials across America,” Chamber of Commerce CEO Suzanne Clark said in a statement.

Clark said it was now time to “focus on the important work of advancing an economic growth agenda that creates opportunities for businesses, families, and individuals to achieve the American dream.' The Chamber of Commerce “look forward” to collaborating with Trump’s administration and Congress on multiple issues, she added. In the statement, she specifically mentioned “pro-growth tax policies,” “regulatory relief” for businesses and artificial intelligence.

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