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Trump wins big, s&p 500 index hits record high, Tesla and Trump Media soar.
USA stock market opened at a new high on Wednesday, with Donald Trump's victory in the presidential election leading to a wave of trading favored by the new government, boosting investor sentiment. The s&p 500 index opened up 2.1%, reaching an intraday record high of 5,905.60 points. The ratio of rising to falling stocks reached 4 to 1; the nasdaq 100 index, mainly composed of technology stocks, rose by 2.2% at one point, while the dow jones industrial average rose by 3.2%. Tesla surged by over 15% at one point, reaching its intraday high since July 2023. Trump's media company, Trump Media &
Morgan Stanley Downgrades Cboe Global Markets(CBOE.US) to Sell Rating, Maintains Target Price $199
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