Stock markets in the U.S. shot skyward immediately following news that now-President-elect Donald Trump defeated Vice President Kamala Harris Tuesday night, winning back many of the so-called “blue wall” states, including Wisconsin and Pennsylvania.
Dow futures surged more than 1,000 points on Wednesday morning after Trump took the stage at his headquarters in Florida, expressing gratitude to his supporters and vowing to restore the country, Fox Business reported.
“We’re going to pay you back. We are going to do the best job. We’re going to turn it around. It’s got to be turned around, and it’s got to be turned around fast. And we’re going to turn it around,” said Trump.
The S&P 500 and Nasdaq futures also jumped over 1% in the early morning, the outlet added.