The stock market rally continues for a second day after Donald Trump beat Hillary Clinton, a reaction few expected.
The Dow opened at a record high.
According to data from Jeff Hirsch, editor of the Stock Trader's Almanac , the average decline for the S&P 500 the day after Election Day between 1932 and 2012 was 1.1%. But the S&P 500 rose 1.1% on Wednesday.
Stocks plunged 5.3% in 2008 after Barack Obama was elected. Of course, those were unusually tumultuous times for the market and economy. But the S&P 500 also fell 2.4% after he beat Mitt Romney in 2012.
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