The Dax rose significantly by 1.5% to 19,544 points in early Xetra trading, German news agency dpa agency reported.
Robert Halver, Head of Capital Market Analysis at Baader Bank said that “since Donald Trump stands for the economy, it can be assumed that stock markets around the world will go up. With one exception: China, because he (Donald Trump) will definitely impose tariffs at least on China. That will certainly make life difficult for the Chinese.”
“The nice thing is that European stocks, German stocks and export stocks can also benefit. Because we are still so well positioned in the industrial sector that we are helping America to become big again in the industrial sector, so to speak,” he added.
Trump won an election that will return him to the White House by winning Wisconsin, the same state that put him over the top when he won in 2016.
The difference again came in Milwaukee, after nearly every other county in the state had wrapped up their count. The early morning update in Milwaukee cut into Trump’s lead, but not by enough that it would provide Harris with a path to victory.
Ahead of the presidential race call, Kremlin spokesperson Dmitry Peskov said he had no information on whether Russian President Vladimir Putin plans to congratulate Donald Trump but emphasized that Moscow views the U.S. as an “unfriendly” country.
Peskov reaffirmed the Kremlin’s claim that the U.S. support for Ukraine amounted to its involvement in the conflict, telling reporters: “Let’s not forget that we are talking about the unfriendly country that is both directly and indirectly involved in a war against our state.”
Asked if Putin’s failure to congratulate Trump could hurt ties, Peskov responded that the Russia-U.S. relations already are at the “lowest point in history,” adding that it will be up to the new U.S. leadership to change the situation. He noted Putin’s statements about Moscow’s readiness for a “constructive dialogue based on justice, equality and readiness to take mutual concerns into account.”
Peskov noted Trump’s campaign statements about his intention to end wars, saying that “those were important statements, but now after the victory, while getting ready to enter the Oval Office or entering the Oval Office, statements could sometimes change.”
Donald Trump was elected the 47th president of the United States on Wednesday, an extraordinary comeback for a former president who refused to accept defeat four years ago, sparked a violent insurrection at the U.S. Capitol, was convicted of felony charges and survived two assassination attempts.
With a win in Wisconsin, Trump cleared the 270 electoral votes needed to clinch the presidency.
The victory validates his bare-knuckle approach to politics. He attacked his Democratic rival, Kamala Harris, in deeply personal — often misogynistic and racist — terms as he pushed an apocalyptic picture of a country overrun by violent migrants.
The coarse rhetoric, paired with an image of hypermasculinity, resonated with angry voters — particularly men — in a deeply polarized nation. As president, he’s vowed to pursue an agenda centered on dramatically reshaping the federal government and retribution against his perceived enemies.
Another big update from Wayne County and it’s the same story: Harris continues to cut into Trump’s lead.
This update of close to 240,000 votes trimmed Trump’s advantage to just under 2 points. Smaller updates that followed in a few places pushed it back to more than 2 points. The race for the state’s 15 electoral votes is still too early to call.
