U.S. Stocks Rally After Trump's Election Victory

U.S. stocks are on track for their best week in over a year following Donald Trump's decisive victory in the presidential election, with major indexes showing substantial weekly gains. The Dow Jones Industrial Average increased by 4.6%, while the S&P 500 rose by 4.7%, both marking their strongest performances since November 2023. The Nasdaq Composite also surged, gaining 5.7% for the week. Market analysts attribute this rally to reduced political uncertainty, anticipated tax cuts, and expectations of lighter regulations under a Republican-controlled Senate. Despite a mixed global market response, with China's fiscal stimulus disappointing investors, the overall sentiment remains optimistic for U.S. equities. Experts predict a favorable economic environment leading into the new year, bolstered by Trump's policies.