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Trump's electoral victory sparks market surge

Five chances to start your day

James Eagle's avatar
James Eagle
Dec 12, 2024
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Investors have poured an astonishing $140bn into US stock funds since Trump's election victory. The market's betting big on his pro-growth agenda, with November seeing the highest inflows since records began in 2000.

The numbers are staggering, mate. The S&P 500 has climbed 5.3 percent since election day, pushing this year's gains to 28 percent. And it's not just the big players – smaller companies are smashing records too.

Trump's bringing in the heavyweights for his administration – Scott Bessent for Treasury and Paul Atkins at the SEC. They're promising tax cuts, deregulation and a massive boost to growth.

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