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Today's Paper | March 17, 2026

Published 06 Nov, 2024 02:14pm

Investors buy bitcoin, stocks as Trump claims victory

Investors bought dollars, bitcoin and stocks, and sold bonds as Donald Trump claimed victory in the US presidential election and Republicans took control of at least one chamber of Congress, Reuters reports.

US stock futures hit record highs, the dollar surged and Treasury yields jumped, while bitcoin broke $75,000 for the first time — all moves flagged by investors as likely should Trump win over Democrat Kamala Harris.

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