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Ashrafee Tanvir Hossain, Full Professor, Faculty of Business Administration, Memorial University of Newfoundland

2024 presidential election: U.S. equities surged, then retreated, after Trump’s victory

United States presidential elections consistently draw global attention due to their far-reaching impacts on both the American and global economies. The 2024 election was no exception, standing out as a particularly significant event that drew unprecedented scrutiny.

President-elect Donald Trump’s victory has been seen as an inflection point signalling a dramatic shift in the political and economic landscape both of the U.S. and beyond. Trump’s return to office is expected to bring a mix of policy changes that could reshape market dynamics, regulatory frameworks and international trade.

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