U.S. stock futures extended gains, Treasury yields rose and the dollar climbed to its highest level since March 2020, after Donald Trump declared victory in the presidential election in which he has now won 267 electoral college votes.
S&P 500 futures rose 2%, the 10-year yield rose 13 basis points to a four-month high of 4.40% and bitcoin hit a record high — moves that reflect the Republican nominee’s proximity to reclaiming the White House.
Trump declared victory in a speech to supporters as the latest results showed he had won both Pennsylvania and Georgia, and Republicans had taken control of the US Senate.
