U.S. Stock Indices Climb Open at Record After Trump's Victory in Presidential Race

The $S&P 500 Index (.SPX.US)$ climbed to an intra-day record of 5,905.60, while the $Nasdaq Composite Index (.IXIC.US)$ advanced to 18,861, also an all-time high on an intra-day basis. The $Dow Jones Industrial Average (.DJI.US)$ rose to $43,570, also a intra-day record.

$Tesla (TSLA.US)$, led by Trump's staunch supporter Elon Musk, led gains on the Nasdaq, advancing more than 10% to trade at its highest level since July. $Goldman Sachs (GS.US)$ and $JPMorgan (JPM.US)$ were the biggest gainers on the $Dow Jones Industrial Average (.DJI.US)$, while $Discover Financial Services (DFS.US)$ and $Synchrony Financial (SYF.US)$ were the leaders on the S&P 500 amid optimism that a Trump presidency could ease regulation on the banking sector.