United States of America President-elect Donald Trump’s win over Kamala Harris has boosted trades tied to a Republican win. This has spurred demand for smaller-cap stocks, crypto and sectors sensitive to Grand Old Party policies.
S&P 500 futures are up, Treasury yields are surging, and the dollar’s on track for its biggest win since 2020. S&P futures rose 1.2%, while US 10-year yields jumped to a four-month high of 4.44%.