The stock market is celebrating Donald Trump’s presidential election victory. The Dow Jones Industrial Average roared higher at the open, surging 1,290 points for a 3% gain, while the S&P 500 and Nasdaq were both 2% higher to start the day.
And it’s not just U.S. markets cheering. The U.K.’s FTSE 100 jumped 1.5%, Japan’s Nikkei index rocketed 3% higher, and Hong Kong’s Hang Seng index rose more than 2%.
It seems clear investors all around the world are excited by what Trump 2.0 means for the stock market. But the euphoria will fade as we get down to the nitty gritty of policy, so let’s see what a second Trump presidency means for stocks.
This post originally appeared at 24/7 Wall St.