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Wall Street and bitcoin soar to record highs as Trump wins US election

Dollar up and renewable energy stocks down, while shares in president-elect’s media business rise by more than a third

Analysis: Trump policies mean higher pricesBusiness live – latest updatesUS election 2024 – live news updates

Wall Street and bitcoin rallied to fresh record highs and the dollar soared after Donald Trump’s victory in the US presidential election, while renewable energy stocks fell.

Trump was declared the winner on Wednesday morning after securing the 270 electoral votes needed to take the presidency.

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