The U.S. stock market, Elon Musk's Tesla, banks and bitcoin all stormed higher Wednesday as investors made bets on what Donald Trump's return to the White House. The S&P 500 rallied 2.5% for its best day in nearly two years. The Dow Jones Industrial Average surged 1,508 points, or 3.6%, while the Nasdaq composite jumped 3%. All three indexes topped records they had set in recent weeks.
Republican Donald Trump was elected the 47th president of the United States on Wednesday, an extraordinary comeback for a former president who refused to accept defeat four years ago, sparked a violent insurrection at the U.S. Capitol, was convicted of felony charges and survived two assassination attempts.
TEL AVIV, Israel (AP) - Donald Trump will return to the U.S. presidency at a time of unprecedented conflict and uncertainty in the Middle East. He has vowed to fix it. But Trump’s history of strong support for Israel coupled with his insistence during the campaign that the war in Gaza should end quickly.