Latest stock market news today. Trump, Harris, elections, stocks, gold, bonds | November 6, 2024

The Chamber of Commerce, a major US business group, on Wednesday congratulated President-elect Trump on his victory in the 2024 presidential election.

“We congratulate President-elect Donald Trump and Vice President-elect J.D. Vance, as well as members upcoming 119th Congress and state and local elected officials across America,” Chamber of Commerce CEO Suzanne Clark said in a statement.

Trump became the projected winner early Wednesday, defeating Vice President Kamala Harris in the race to become the nation’s 47th president.

Clark said it was time to “focus on the important work of promoting economic growth program it creates opportunities for businesses, families and individuals to achieve the American Dream.”

She said the Chamber of Commerce “looks forward” to working with the Trump administration and Congress on a variety of issues.

In her statement, she specifically mentioned: “tax policies that promote economic growth“Regulatory relaxation” for business and artificial intelligence.

The Chamber of Commerce and Industry wasn’t the only major business group to send congratulations. The Business Roundtable, which includes more than 200 executives, also released a statement Wednesday saying it is “committed” to working with the Trump administration and “all policymakers at the federal and state level” on the policy.

Business Roundtable CEO Joshua Bolten issued a statement on Wednesday on behalf of the organization, congratulating President-elect Donald Trump and Vice President-elect J.D. Vance on their victory.

Business round table, association of general directors from leading U.S. companies that are committed to driving economic growth and expanding opportunity for Americans, also congratulated re-elected and newly elected members of Congress, governors and other state and local officials.

“We look forward to working with the incoming Trump administration and all federal and state policymakers,” Bolten said.

He emphasized the group’s readiness to cooperate with administration and members of Congress “Both parties must advance policies that will support long-term economic growth and expand opportunity for all Americans.”

Bolten also applauded the millions of Americans who turned out to vote and thanked the election officials, judges and volunteers “who worked to ensure a free and fair election.”

Bolten joins a host of other business leaders from a variety of industries who have spoken out during the election. Many of them reacted to the election results including Mark Cuban
JPMorgan Chase CEO Jamie Dimon and former Amazon CEO Jeff Bezos.

The Chamber of Commerce on Wednesday also congratulated Trump on his election victory.

US shares hit record highs on Wednesday morning after President-elect Trump won his second term in the White House.

The Dow Jones Industrial Average rose 1,300 points, or about 3%. S&P 500 and Nasdaq Composite jumped by 1.62% and 1.64% respectively.

According to Fox News forecasts Trump will win the key state of Pennsylvania, as well as Wisconsin, Georgia and North Carolina. Around 1:45 a.m., he had won more than 270 electoral votes, officially winning Vice President Kamala Harris.

US stock futures The index posted significant gains Wednesday morning as President-elect Trump won a second term in the White House.

As of 9 a.m. ET, Dow Jones Industrial Average futures were up 1,250 points, or 2.95%. S&P 500 and Nasdaq Composite futures Futures rose in price by 2.15% and 1.76%, respectively.

According to Fox News forecasts Trump will win the key battleground state is Pennsylvania, as well as Wisconsin, Georgia and North Carolina. At about 1:45 a.m., he had won more than 270 electoral votes, officially defeating Vice President Kamala Harris.

CEO of JPMorgan Chase Jamie Dimon joined a growing list of business leaders commenting on the presidential election, saying in a statement that Americans need to “unite behind” the winner, no matter who takes office.

“This is a time that requires us all to find common ground and, most importantly, a time to respect and support our democratic process,” Dimon said in a statement to FOX Business. “Our country is the envy of the world and if we can work together, we will ensure it remains that way for future generations.”

Dimon, who has not publicly endorsed either candidate, said it was one of the “toughest and sometimes divisive issues.” elections in our recent history.”

Despite this, he said the country needs to “unite behind our elected president and all of our national leaders.” He called on Americans to “begin the work of unifying our nation and focusing on the pressing economic and global challenges facing us.”

While Dimon has not publicly endorsed the candidate, people familiar with his views told Barron’s that he has quietly endorsed Vice President Kamala Harris. However, he once called himself “barely a Democrat” in a 2012 Politico report.

Dimon’s name was reportedly published for Minister of Finance.

The 68-year-old CEO has repeatedly spoken out about the “unfair” rules. At a conference last month, he said, “It’s time to fight back,” according to Reuters.

A person familiar with his views told Barron’s that Dimon would not accept a position in either administration.