The U.S. stock market has mounted a strong bull run since the re-election of Donald Trump in 2024, with major stocks surging to record highs. The Dow Jones Industrial Average jumped more than 1,500 points the day after the election, its best post-election performance in decades. Also, the S&P 500 and Nasdaq posted gains of 2.5% and 3.1%

This market enthusiasm was caused by several factors such as a certainty in leadership from Trump which eliminated fears and boosted investor confidence​, expectations of growth due to Trump’s campaign promises, such as reduced corporate taxes, deregulation, and infrastructure spending.

U.S. banks led the rally, with Goldman Sachs and JPMorgan Chase posting double-digit gains, as investors expected rollbacks. Technology stocks like Tesla surged, partly as investors perceived them to align with Trump’s policies​.

While the bull run is impressive, experts say it could be short-lived. The markets may temper their reaction as investors reassess the feasibility of campaign promises, because of concerns about inflation. According to analysts, more measured adjustments will be set into place when economic realities begin to set in​.

The reaction of the stock market to Trump’s re-election underlines its sensitivity to political and economic policies. Whether the current bull run will last depends largely on how these policies materialize in the coming months. For now, investors are optimistic due to new economic confidence