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Stock futures rally as Donald Trump named winner of U.S. presidential election

Several Georgia stocks gain in pre-market trading. Crypto also up, gold and crude oil trending down pre-market on the day after the presidential election
By
Nov 6, 2024

Investors reacted strongly to former President Donald Trump’s victory in Tuesday election.

Dow, S&P and Nasdaq futures were all up significantly in pre-market trading early Wednesday.

Dow futures were up more than 3% as of about 8:30 a.m., while S&P futures were up more than 2% and Nasdaq futures were up nearly 2%. Gold was down about 2% and crude oil futures were down by more than 2%.

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Crypto currencies also were up significantly, including bitcoin and ethereum.

A number of Georgia stocks were also enjoying the rally. Aflac, Coca-Cola, Delta Air Lines, Norfolk Southern and Synovus Financial were all trending up in pre-market trading.

About the Author

J. Scott Trubey is the economy and environment editor for The Atlanta Journal-Constitution. He previously served as a business reporter for the AJC covering banking, real estate and economic development. Trubey is also a former investigative reporter, with a specialty in banking, real estate and public corruption. He joined the AJC in 2010.

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