New York CNN —
Former President Donald Trump’s projected return to the White House made many shareholders of publicly traded companies a lot richer on Wednesday.
His victory is expected to usher in sweeping changes from the Biden administration, including a tougher stance on immigration and crime as well as a more hands-off approach to regulating businesses. It’s also producing significant rallies of individual stocks as well as the overall market.
It’s too soon to say whether the gains will last. For instance, Trump has promised to introduce sweeping tariffs that could raise prices significantly
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