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The Independent UK
The Independent UK
Kelly Rissman

Analysts say there has been one other post-election stock rally similar to Trump’s - it was in 1928

Some market analysts say the surge in stocks after Donald Trump was elected may not be a positive omen as it resembles the market after Herbert Hoover was elected - shortly before the crash that led to the Great Depression.

Analysts are hailing the market after Trump clinched enough electoral votes on Wednesday morning. Both the S&P 500 and the Dow rose significantly after his victory, both closing at “record highs” on Friday, according to CNN.

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