Stocks, bond yields and bitcoin surge on Trump's return to White House; Dow soars 1,200 points

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NEW YORK (AP) — 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. Among the losers the market sees: the Mexican peso, renewable energy companies and potentially anyone worried about higher inflation. The Dow Jones Industrial Average jumped 1,200 points, or 2.8% early Wednesday. The S&P 500 rose 2%, and the Nasdaq…

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