Rally in Stocks, Bond Yields, and Bitcoin on Day of Trump Victory

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The dollar surged against the Mexican peso and the Chinese yuan, two key trading partners. It's also up against the yen and the euro.

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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