In response to former President Donald Trump's return to the White House, U.S. stocks, bond yields, and bitcoin soared on Wednesday, signaling investor confidence in the potential for growth-oriented policies under the Trump administration.The Republican Party's control of the Senate further bolstered market optimism, with traders banking on a Trump presidency that could lead to lower taxes and reduced regulation.Ahead of Wall Street's opening, U.S.
Dollar Strengthens Against Major CurrenciesThe dollar surged against multiple currencies, including the Mexican peso and the Chinese yuan, reflecting renewed tensions with China, a country Trump has frequently targeted with tariffs.
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Stocks, bond yields and bitcoin surge as Trump closes in on US election victoryShare prices, bond yields and bitcoin surged Wednesday as the Republican party gained control of the Senate and former President Donald Trump became the projected presidential winner.
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Stocks, bond yields and bitcoin surge as Trump closes in on US election victoryThe broad U.S. stock market has historically tended to rise regardless of which party wins the White House, even if each party's policies can help and hurt different industries' profits.
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Stocks, bond yields and bitcoin surge as Trump closes in on US election victoryThe broad U.S. stock market has historically tended to rise regardless of which party wins the White House, even if each party's policies can help and hurt different industries' profits.
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