Trump Victory Spurs Stock Market and Crypto Surge

Donald Trump's election victory has led to significant market reactions, with stocks such as Tesla, Trump Media & Technology Group, and private prison operators seeing substantial gains. Tesla's stock surged as investors anticipate favorable policies due to Elon Musk's support for Trump, including potential appointments and regulatory benefits. Trump Media & Technology Group's stock also increased, reflecting its role as a 'proxy' for Trump's political fortunes. Broader market indices like the Dow Jones and S&P 500 hit record highs, driven by expectations of tax cuts and deregulation. Cryptocurrency markets are reacting positively too, with Bitcoin reaching an all-time high, aligning with Trump's pro-crypto stance. However, some analysts warn of potential volatility ahead due to Trump's proposed tariffs and regulatory changes.