Stocks Surge, Bond Yields Rise

This is a U.S. news story, published by Global News, that relates primarily to Donald Trump news.

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Global News

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Markets shoot higher after Trump win. Investors ask, can it last? - National | Globalnews.ca

Summary

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67% Informative

U.S. stocks surged on the news Wednesday morning that Donald Trump had claimed a second term.

The Dow Jones industrial average gained 1,500 points just before 3:30 p.m. Eastern , the S&P 500 was 2.5 per cent higher by that time.

The Canadian benchmark S-P/ TSX composite index was up 228 points at 24,608.41 .

Experts warn there’s no guarantee a “ Trump bump” will last.

Sheluk recommends the average investor take little to no direct action in response to market fluctuations in the wake of the U.S. election.

Until the Trump administration tables legislation or firms up policy plans, it’s impossible to know how those plans will impact sectors or specific companies in the market, he says.

Small says he's been getting phone calls from clients asking about how they, too, can get exposure to assets like bitcoin.

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