As Donald Trump was getting ready to become President, the stock market reacted positively, especially for electric vehicles. Tesla's shares jumped by an impressive 11%, showing that investors were optimistic about the future of electric cars under his leadership. This excitement was part of a more significant trend, with the S&P 500 futures reaching an all-time high, indicating that people had a lot of confidence in the overall market. Additionally, futures for smaller companies, known as the Russell 2000 index, rose by 5.6%. This increase was driven by hopes that American companies would benefit from new business incentives and tariffs aimed at encouraging production in the U.S. Investors believed these policies would create a better environment for companies focusing on making things domestically, which helped push the market higher during this change.
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