Dow Jones hits near-record high as financials soar on Trump victory

Global stockmarkets defy expectations

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Dow Jones hits near-record high as financials soar on Trump victory

US stockmarkets rallied following Donald Trump's surprise victory in the 2016 US Presidential Election, with the Dow Jones surging to a near-record high as financials and biotech stocks were buoyed by the news.

The S&P 500 and Nasdaq closed 1.1% higher, at 2,163 and 5,251 respectively, while the Dow Jones soared 1.4% to close at 18,589, having reached a record high during intra-day trading. The gains came...

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