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MARKETS REBOUND FROM ELECTION-INDUCED PLUNGE

It turns out that a President Donald Trump may not be bad for the stock market after all. Asian stock markets stumbled shortly after Trump overtook Hillary Clinton in the presidential vote count. Wall Street appeared set for a slump of its own, only it never materialized. Global financial markets soon steadied and U.S. stocks rallied. The Dow Jones industrial average ultimately climbed 256.95 points to 18,589.69.  The Standard & Poor’s 500 index gained 23.70 points to 2,163.26, as reported by the Associated Press.

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