Wall Street Surges Amid Trump's Return and Fed Rate Cuts

Donald Trump's election as the 47th U.S. president has driven Wall Street to record highs, with investors optimistic about potential tax cuts and deregulation. Tesla's stock surged 30%, boosting Elon Musk's wealth, while small-cap stocks outperformed due to expected trade restrictions favoring domestic businesses. The Federal Reserve cut interest rates by 25 basis points, enhancing investor risk appetite. Bitcoin reached new highs, anticipating favorable regulations. Analysts caution that Trump's policies might hinder tech and EV growth, while consumer morale and inflation expectations improved.