Stocks rallied as investors digested Donald Trump's victory in the US presidential election over Kamala Harris.

That was certainly the case when stocks staged a torrid rally on the outcome of the U.S. presidential election. The so-called Trump trade was in full force, with some names benefitting more than others.

Gold finished Wednesday above $2,800 an ounce, marking its highest intraday and settlement levels on record. The most active, December futures contract touched a high of $2,801.70 before settling at an all-time high of $2,800.80, up $19.70, or 0.7% for the session.

U.S. stock futures were flat on Tuesday morning as investors cautiously awaited the outcome of the U.S. presidential election. Futures on the

U.S. stock index futures were up marginally, slightly extending a rally from the regular trading session, as the first polls of the presidential election closed. Wall Street and the world waits with bated breath for the culmination of the race to the White House.

Stocks gapped up at Tuesday’s open and trended higher through the regular trading session amid a broad-based but tech-led rally as Americans headed to the polls to choose their next president. Strong earnings and a healthy reading on U.