Donald Trump Rally: Dow Surges To Record Highs
The DOW hits a record high after Donald Trump's surprise U.S. presidential win. The Dow Jones futures plummeted late Tuesday night, when election results showed Trump taking the lead, but by Thursday the DOW jumped to record highs.
USA Today reports investors were at first initially worried about a Trump presidency because he had few policy details, but now they hope his plans for infrastructure spending, tax cuts and lighter regulation will boost the U.S. economy.
Bank and pharmaceutical stocks did especially well.