Jump on the stock market in the USA. The market reacts to the election results
The Dow Jones surged by 1240 points, marking its best daily performance since April, driven by investor optimism following clear election results. The divided government is expected to limit excessive spending, creating a more predictable economic environment. This has led to a decline in the VIX index and a drop in U.S. Treasury yields. However, concerns remain regarding potential restrictions on AI data centers due to Democratic victories in key states. Stocks of semiconductor companies fell, while Tesla and SpaceX shares dropped amid uncertainty about Elon Musk's future relations with state authorities.
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