U.S. stock futures surged following projections that Donald Trump would emerge victorious over Vice President Kamala Harris in a highly contentious U.S. election. The Dow futures initially soared over 1,000 points before retracting slightly as Trump addressed his supporters at his Florida headquarters, expressing gratitude and pledging to rejuvenate the nation.
During his speech, Trump vowed to repay his supporters and emphasized his commitment to effecting rapid and substantial change. The S&P 500 and Nasdaq futures also experienced significant gains, each rising over 1% in the early hours of the morning.
Trump extended an invitation to JD Vance, the anticipated new vice president, to address the audience. Vance focused on the revival of the U.S. economy, a central theme throughout the election campaign. He articulated his belief in spearheading an unparalleled economic resurgence under Trump's leadership, promising to usher in the most remarkable economic recovery in American history.