New York.- Stock prices in the United States market reached a record high after investors bet on the impact of Donald Trump's return to the White House on the economy and the world.
The S&P 500 jumped 2.5% on Wednesday, its best day in nearly two years. The Dow Jones Industrial Average jumped 1,500 points, and the Nasdaq Composite rose 3%.
Big bank stocks led gains on expectations that Trump's policies will encourage stronger economic growth and reduce regulation.
Bitcoin also surged to a record high, while Treasury yields rose on concerns about higher US government borrowing and higher inflation. The US dollar strengthened against other currencies.