Markets and Stocks React to Trump's Victory
Stocks rallied with commodities after the initial shock of Donald Trump’s election victory gave way to optimism that his plans for fiscal stimulus will provide a boost to the global economy. Bloomberg’s dollar index retreated from an eight-month high. Benchmark share gauges climbed in Europe and Asia, led by gains in raw-materials producers. Futures on the S&P 500 Index rose after swinging wildly in the last session, when they briefly sank by a 5 percent daily limit as the results of the U.S. presidential vote came out. Principal Global Investors Chief Executive Officer Jim McCaughan discusses with Guy Johnson and Caroline Hyde on "Bloomberg Markets: European Open."