How Markets Are Reacting to Trump’s Second Term

Here is a summary of the key points from the news article in 175 words: The article discusses how financial markets have reacted to the news of Donald Trump's re-election as President of the United States. Upon the announcement of his victory, U.S. stock futures initially plummeted, with the S&P 500 and Nasdaq futures falling by around 2%. However, these losses were quickly pared back as investors digested the implications of a second Trump term. While some sectors, such as healthcare and renewable energy, experienced volatility due to uncertainty around policy changes, other areas like defense and infrastructure-related stocks saw gains. The U.S. dollar also strengthened against major global currencies, reflecting expectations of continued protectionist trade policies and a more hawkish Federal Reserve under Trump. Overall, the markets have exhibited a mixed response, with investors balancing the potential for continued economic growth and deregulation against concerns over geopolitical tensions and policy uncertainty. The long-term impact will depend on the administration's policy agenda and its ability to navigate a polarized political landscape.