The stock market continues to swing to the upside in the first full trading hour, equities (^DJI, ^IXIC, ^GSPC) and Treasury yields (^TYX, ^TNX, ^FVX) responding positively to the news of Donald Trump's 2024 election victory. Catalysts anchors Seana Smith and Madison Mills follow the biggest market movers and speak to top Wall Street experts in the day following the presidential election.

The 10-year Treasury yield flirts with the 4.5% benchmark as it rises coming off the election news. Franklin Templeton Fixed Income Chief Investment Officer Sonal Desai explains what the election results mean for the bond market and whether a new inflationary environment under a second Trump term could push the Federal Reserve to reconsider their interest rate outlook.

Tesla (TSLA) is just one of the major stocks benefitting from the Trump Trade, surging 30% in this morning's trading. CEO Elon Musk has been an outspoken supporter of Trump leading up to Election Day. "It puts Elon in the driver's seat as far as access to the White House," Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber tells the Catalysts team, noting his firm's scaling back of their stake in the EV maker.

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

Other top trending stocks on the Yahoo Finance platform include Novo Nordisk (NVO) and Dollar Tree (DLTR)

This post was written by Luke Carberry Mogan.