Republican Donald Trump surged ahead of Democratic Presidential Candidate Kamala Harris in one of the most highly anticipated US elections in the country's history. Trump's reelection as the 47th US President has already triggered a bullish wave in the US stock markets, as benchmark indices like the S&P 500, Nasdaq, and Dow Jones Futures gained well over 1% after markets opened on November 6. The election results are expected to directly impact US businesses and the overall economy, which could offer a window for American investors to reassess their stock holdings. Trump's policies and agendas have generally been considered beneficial for banking institutions and fossil fuel conglomerates. However, analysts believe that plans to impose high tariffs on all imports and trim taxes for workers and retirees can have unpredictable consequences.
