Stocks rose significantly after Donald Trump's election, with the S&P 500 climbing 4.7% and crossing 6,000 points for the first time, marking a relief rally.
The rally reflects how much the market favors certainty, with expectations of Trump’s business-friendly policies contributing to an uplift in stock values across sectors.
Small-cap stocks, as represented by the Russell 2000 index, experienced their biggest weekly rise since April 2020, rising by 8.5% following the election results.
Tesla's stock surged almost 15% in the wake of Trump's victory, reflecting optimism surrounding industries that are projected to benefit from his policies.
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