Dow, Nasdaq, S&P 500 hit record highs, rallying on Trump win

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There was no stopping for stocks the day after Election Day 2024, markets seeing serious upswings on Donald Trump's re-election news. The Dow Jones Industrial Average (^DJI) leads gains, closing the session over 3.5% higher, followed by the Nasdaq Composite (^IXIC) — which rose nearly 3% — and the S&P 500 (^GSPC). All three of the indexes hit record highs on Wednesday.

Market Domination's Julie Hyman and Yahoo Finance markets and data editor Jared Blikre recap the equity market's overwhelmingly positive response to the election outcome, noting movements in the Russell 2000 (^RUT), the 10-year Treasury yield (^TNX), market volatility (^VIX), and tech and financial sector leaders.

Follow along Yahoo Finance's extensive coverage of today's stock market reactions to the 2024 election results:

Stock market today: Dow, S&P 500, Nasdaq futures soar as Trump triumphs
Donald Trump has won the 2024 election. Here's what's next on 2 key economic issues.
Wall Street scores political victory with a Trump win: 'This should aid all banks'
Tesla stock soars by double digits after Trump win
DJT stock surges in premarket trading as Trump clinches election win
Here's how my 'Trump trade' is doing
7 'election trades' Citi is watching

To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

This post was written by Luke Carberry Mogan.