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Trump trade: Bitcoin hit record highs and Tesla hits $1 trillion market cap
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Post Election Reaction

What a post election reaction we had from the market!

With Trump winning the presidential election, S&P500 and Nasdaq hit their respective all time highs on Wed. For Dow Jones, it clocked its best single day since Nov 2022

Investors seem to be happy that Trump has won the election as he’s viewed to be the person who supports lower corporate tax, deregulation, and policies that favor domestic growth. All these could potentially bring for profits to US companies.
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