US elections 2024 poll result: Wall Street marched to record highs on Wednesday and major stock markets around the world surged, while bitcoin also hit an all-time-high and the dollar was set for its biggest one-day jump in four years after Donald Trump was elected US president. Trump's decisive victory pummelled long-dated Treasuries as yields sank in anticipation that Trump would hike tariffs as he promised during his campaign, increasing the US deficit and inflation, and causing the Federal Reserve to cut rates by less than it otherwise would have. Trump, 78, recaptured the White House in Tuesday's election following a campaign that deepened the polarization in the country. "In the near term, we see US equities supported by solid economic and corporate earnings growth, political clarity and Federal Reserve rate cuts," BlackRock Investment Institute said. "Longer term, much depends on how much of Trump's agenda is enacted." The VIX, a measure of volatility also perceived as "Wall Street's fear gauge," dived 19 per cent as investors scooped up risky assets across the board.
US Vice President Kamala Harris will deliver a speech conceding defeat in the presidential election to Donald Trump at 6 pm (2300 GMT) on Wednesday, two sources told Reuters.
Wall Street stocks surged in opening trading on Wall Street Wednesday after US voters sent Donald Trump back to the White House and delivered him a Republican Senate. Major indices were up 1.8 per cent or more in the early going as hopes about expected tax cuts and regulatory easing more than offset worries about higher tariffs.
Four years after leaving Washington, Donald Trump will make his return to Washington as America’s 47th president, according to CNN projections. Trump has joined Grover Cleveland, who served two non-consecutive terms in the White House, from 1885-1889 and 1893-1897.
Donald Trump has been projected by Fox News to become the 47th president of the United States. If Fox News' estimate holds true, then Donald Trump will become the first president to serve two nonconsecutive terms since 1892.
As election results from across the US continue to pour in, the co-chair of Kamala Harris's campaign said that she will not address supporters tonight, but is expected to speak tomorrow.
Former President Donald Trump won South Carolina on Tuesday, earning its nine electoral votes for the third straight election. South Carolina has not voted for the Democratic nominee for president since 1976, when Democrat Jimmy Carter -- the governor of the neighbouring state of Georgia -- defeated Republican President Gerald Ford throughout the South. Four years ago, Trump won 55 per cent of the vote, matching his performance from 2016. Given the success Republicans have in the state, presidential candidates rarely spend time campaigning there. The Associated Press declared Trump the winner at 8:01 p.m. EST.
Donald Trump moves ahead of the Democratic nominee as he secures Indiana, Kentucky and West Virginia in the presidential election 2024, while Kamala Harris has won Vermont. The election outcome remains uncertain, with multiple battleground states, including Pennsylvania, North Carolina, and Georgia, still up for grabs.
Millions of Americans cast their votes across the United States today to elect the 47th President. There is a close fight between Republican leader Donald Trump and Democratic nominee Kamala Harris in an election billed as one of the most consequential contests for the White House in decades. The race remained stubbornly deadlocked for weeks with some of the election forecasters giving 60-year-old Vice President Harris an edge over former President Trump, 78, in some of the key battleground states like Pennsylvania.
Vice President Kamala Harris' campaign has warned that results may take several days, as vote tallies will come in at different times across states, and close results could delay a final call. The campaigns of both Harris and former President Donald Trump are fighting for every vote, especially in the seven key battleground states of Arizona, Nevada, Wisconsin, Michigan, Pennsylvania, North Carolina and Georgia. The ruling Democratic Party and the opposition Republicans have deployed hundreds of attorneys and thousands of volunteers to be part of the vote-counting process and be prepared to challenge and start the legal battle if necessary.
 "US elections highlights: Wall Street hits record high; dollar surges as Trump wins presidency")
