Wall Street rallied into record territory, the dollar soared and bitcoin scaled a new peak yesterday as the world gears up for another Donald Trump presidency.

The Dow soared three per cent while the S&P 500 and Nasdaq Composite jumped around 2pc.

Trump Media & Technology Group, in which the former president owns a majority stake, soared about 30pc.

Shares in Tesla soared 13pc after Trump praised the electric car maker’s boss Elon Musk, a key campaign backer, as a “star” during his victory speech.

Bitcoin sprung $6,000 higher to a record $75,371.67, topping its previous peak of nearly $74,000 in March.

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