Dow up 3.6% after Trump’s election win, Canadian markets also rise [Video]

A person walks past the TMX Market Centre in Toronto, Wednesday, Sept. 11, 2024.

THE CANADIAN PRESS/Paige Taylor White

By Rosa Saba The Canadian Press

TORONTO – U.S. stocks surged Wednesday after Republican candidate Donald Trump won the election, with the Dow Jones industrial average gaining 3.6 per cent, while Canadian markets rose by one per cent.

The day was marked by economic optimism, with plenty of the “Trump trades” — areas projected to do well under the new president’s policies — flying high, said Michael Greenberg, head of Americas portfolio management at Franklin Templeton Investment Solutions.

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