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Why the DOW is Sky-Rocketing After Trumps upset Election Victory

  • Writer: Luke Winiecke
    Luke Winiecke
  • Nov 22, 2016
  • 1 min read

After Trump pulled off an Election upset. The DOW skyrocketed by 1102 points to an all-time high of 19,000.

Dow 19,000 is the latest signal that the rally sparked by Donald Trump’s surprise presidential election win is broadening as investors continue to bet on the prospects for a more investor- and business-friendly administration.

Investors are highly optimistic about the next 4 years. Citing a Business friendly Environment that will be created by Trump with lowered taxes, and reduced regulations. Many are also excited about the replacing of Obamacare.

 
 
 

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