Wall Street Bulls Run Wild After Trump Victory

But there may be some bad news for the president-elect.

Immediately after the 2024 presidential election, Wall Street looked like the running of the bulls in Spain. Throughout the night, financial markets, from stocks to cryptocurrency, incrementally ascended like a phoenix. Eventually, when Donald Trump appeared to have secured a second term in the White House, the stock market went gangbusters. But when all the smoke has cleared, all the dust has settled, and every last ballot has been counted, will investors keep cheering the prospect of Trumponomics, or will their ebullience fade faster than Kamalamentum?

A Snapshot of Wall Street

So, what did Wall Street look like in a post-election world? The blue-chip Dow Jones Industrial Average spiked about 1,500 points, or 3.5%. The tech-heavy Nasdaq Composite Index advanced nearly…

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