The markets are pricing in a full implementation of the Trump agenda, but that may not happen with a split Congress.

The Dow’s strong gain this year favored the Democrats and Kamala Harris. But Wall Street is increasingly disconnected from Main Street.

The stock market has been rising since July – the S&P 500 3.3% since July. On Election Day it closed up more than 427 points, ending at 42,221.88. According to CNN.com, since 1944, in 18 of the 20 elections, the incumbent party won if the stock market was going up.

The U.S. stock market, Elon Musk’s Tesla, banks and bitcoin all stormed higher Wednesday as investors made bets on what Donald Trump’s return to the White House will mean for the economy and the world.

"This is the dawn of a new era for prediction markets," Kalshi's founder said. Betting markets called Trump's win weeks before the election.

By Dhara Ranasinghe and Koh Gui Qing NEW YORK/LONDON (Reuters) -Wall Street shares hit record highs for a third consecutive day while Treasury yields retreated on Friday, as investors again cheered Donald Trump's decisive victory,

A whopping $20 billion flowed into US equity funds on Wednesday, the day Donald Trump claimed a decisive victory in the presidential election, according to Bank of America Corp. strategists.