Small-cap stocks and Bitcoin-related shares are surging following Donald Trump's win in the US presidential election. Investors are optimistic about Trump's policies benefiting smaller companies and boosting the crypto market. The iShares Russell 2000 ETF, which tracks small-cap stocks, jumped 6% on Wednesday, one of its largest moves in recent years. Analysts anticipate Trump's tax and regulatory policies favoring small businesses and predict a robust fiscal package from the Republican Congress. Increased merger and acquisition activity, as well as an emphasis on American businesses, could also drive gains in small-cap stocks. Bitcoin-related shares are also up, with investors hopeful about regulatory changes under Trump's leadership.
- Content Editor ( invezz.com )
- 2024-11-06
Small-cap stocks and Bitcoin rally as Trump secures US presidency