Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump administration.

After Trump’s victory speech, capitalism’s hype machines—with the notable exception of the bond markets —roared with approval. Every major traditional stock index surged to record heights after Election Day and has kept up the rally,

U.S. stocks finished mostly higher on Wednesday, with the S&P 500 barely eking out a gain, after October's consumer-price index came in cooler than some market participants had expected. The Dow closed up by 47.

The Dow and S&P 500 rose while the Nasdaq fell Wednesday as the stock market digested the CPI inflation report.