Money Sense

[Brent]

The markets surged to record highs. The dollar jumping following Trump's victory.

Trump promised to usher in the "golden age of America" in his victory speech early Wednesday morning. At the open of trading hours later, the Dow gained over 1,320 points (in excess of 3%) while the S&P 500 index increased by 1.9% and the Nasdaq rose by 2.2%.

CNN indicated that this is the first time the Dow has jumped over 1,000 points in a single day since November 2022.