Stocks and bitcoin soar after Trump’s victory, while inflation worries rise; Dow surges 1,200

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The U.S. stock market, Elon Musk’s Tesla, banks and bitcoin are storming higher as investors bet on what Donald Trump’s return to the White House will mean for the economy and world.

The American flags hangs on the facade of the New York Stock Exchange in New York’s Financial District on Tuesday, Nov. 5, 2024. (AP Photo/Peter Morgan)(AP/Peter Morgan)

NEW YORK (AP) — The U.S. stock…

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