Latest stock market news today. Trump, Harris, elections, stocks, gold, bonds | November 6, 2024

The Chamber of Commerce, a major American business group, offered its congratulations on Wednesday to President-elect Trump on winning the 2024 presidential election.

“We congratulate President-elect Donald Trump and Vice President-elect JD Vance, along with the members of the upcoming 119th Congress and elected state and local officials across America,” Chamber of Commerce CEO Suzanne Clark said in a statement.

Trump emerged as the projected winner early Wednesday morning, defeating Vice President Kamala Harris in the race to become the country’s 47th president.

Clark said now is the time to “focus on the important work of advancing a economic growth agenda that creates opportunities for businesses, families and individuals to achieve the American dream.”

The Chamber of Commerce “looks forward” to working with the Trump administration and Congress on multiple issues, she added.

In the statement she specifically stated “a growth-promoting tax policy”, “regulatory relief” for businesses and artificial intelligence.

The Chamber of Commerce wasn’t the only major business group to issue congratulatory messages. The Business Roundtable, which consists of more than 200 CEOs, also issued a statement Wednesday saying it is “ready” to work with the Trump administration and “all federal and state policymakers” on policy.

Joshua Bolten, CEO of Business Roundtable, issued a statement on behalf of the organization on Wednesday congratulating President-elect Donald Trump and Vice President-elect JD Vance on their victory.

The business roundtable, an association of CEOs of leading American companies that aim to stimulate economic growth and expand opportunity for Americans, also offered its congratulations to the re-elected and newly elected members of Congress, governors and other state and local officials.

“We look forward to working with the new Trump administration and all policymakers at the federal and state levels,” Bolten said.

He emphasized the group’s willingness to cooperate with the government and members of Congress from “both parties to advance policies that will support long-term economic growth and expand opportunity for all Americans.”

Bolten also applauded the millions of Americans who voted and thanked election officials, judges and volunteers “who worked to deliver free and fair elections.”

Bolten joins a slew of other business leaders from various industries who have made statements during the election. Many of them have reacted to the election results including Mark Cuban
JPMorgan Chase CEO Jamie Dimon and former Amazon CEO Jeff Bezos.

The Chamber of Commerce also congratulated Trump on winning the election on Wednesday.

US shares hit record highs Wednesday morning after President-elect Trump won his second term in the White House.

The Dow Jones Industrial Average rose 1,300 points, or about 3%, while the S&P 500 and Nasdaq Composite rose by 1.62% and 1.64% respectively.

The Fox News projected Trump would win the key battleground state of Pennsylvania, as well as Wisconsin, Georgia and North Carolina. He received more than 270 electoral votes around 1:45 a.m., officially defeating him Vice President Kamala Harris.

US stock futures posted strong gains Wednesday morning as President-elect Trump won a second term in the White House.

Dow Jones Industrial Average futures rose 1,250 points, or 2.95%, as of 9 a.m. ET. S&P 500 futures and Nasdaq Composite futures rose 2.15% and 1.76% respectively.

The Fox News projected Trump would win the key battleground state of Pennsylvania, as well as Wisconsin, Georgia and North Carolina. He received more than 270 electoral votes around 1:45 a.m., officially defeating Vice President Kamala Harris.

CEO of JPMorgan Chase Jamie Dimon joined the growing list of business leaders commenting on the presidential election, saying in a statement that Americans should “get behind” the winner, regardless of who holds the office.

“This is a time when we all must find common ground and, most importantly, a time to respect and uphold our democratic process,” Dimon said in a statement to FOX Business. “Our country is the envy of the world and if we can work together, we will ensure it remains that way for generations to come.”

Dimon, who has not publicly endorsed either candidate, said this has been one of the “hardest fought and sometimes divisive elections.” elections in our recent history.”

Still, he said the country must “unite behind our president-elect and all our national leaders.” He called on Americans to “begin bringing our nation together and focusing on the pressing economic and global issues before us.”

Although Dimon did not publicly endorse any candidate, people familiar with his thinking told Barron that he had quietly endorsed Vice President Kamala Harris. However, in a 2012 Politico report, he once described himself as “barely a Democrat.”

Dimon’s name has reportedly been put forward Minister of Finance.

The 68-year-old CEO has spoken out about ‘unfair’ regulations. At a conference last month, he said: “It’s time to fight back,” according to Reuters.

A person familiar with his thinking told Barron’s that Dimon would not accept a position in either administration.