Dow Jones hits record high on Trump win
US benchmark Dow Jones industrial average index on Thursday hit a record intra-day high rising by 161.69 points (around 0.87%) in response to Donald Trump's election as the US President. Analysts attributed the gains to speculation over increased defense and infrastructure spending and tax cuts under Trump. The broader S&P 500 index is also up by 17.11 points or 0.79%.