Stocks and Bitcoin Surge After Trump Re-Election

The U.S. stock market experienced significant gains following Donald Trump's re-election as President, with major indices like the Dow Jones and S&P 500 hitting record highs. This surge is attributed to investor optimism regarding potential tax cuts and deregulation promised by Trump's administration, fostering a pro-growth sentiment in the market. The Federal Reserve has also cut interest rates by a quarter point, which is expected to further influence market dynamics. Despite stock market jubilation, bond markets remain cautious due to concerns about fiscal policies and elevated U.S. debt levels. Global markets reacted positively, though concerns about trade tensions, particularly in Europe, have led to apprehension about potential tariffs. Cryptocurrency markets also benefited, with Bitcoin reaching an all-time high, anticipating more favorable regulatory environments.