December S&P 500 E-Mini futures (ESZ24) are trending up +2.24% this morning after Republican Donald Trump won the U.S. presidential election.
Donald Trump was elected the 47th president of the United States on Wednesday, achieving a remarkable political comeback in one of the most divisive contests for the White House in U.S. history. With a victory in Wisconsin, Trump surpassed the 270 electoral votes needed to win the presidency. Along with Wisconsin, Trump secured wins in the other critical battleground states of Pennsylvania, Georgia, and North Carolina. The Republican party also gained control of the U.S. Senate, and made advances in the House of Representatives in its bid to retain control there, heightening the possibility of a so-called “Red Sweep.”
