Stocks rallied sharply on Wednesday, with major benchmarks hitting record highs, as Donald Trump won the 2024 presidential election.
The Dow Jones Industrial Average surged 1,508.05 points, or 3.57%, to a record close of 43,729.93. The last time the blue-chip Dow jumped more than 1,000 points in a single day was in November 2022.
The S&P 500 also hit an all-time high, popping 2.53% to 5,929.04. The Nasdaq Composite climbed 2.95% to a record of its own of 18,983.47.
NBC News projects that Trump will defeat his Democratic rival, Kamala Harris, after winning at least 291 Electoral College votes, including key swing states of Pennsylvania, North Carolina and Georgia.... Read More: CNBC