Economic Ripples as Trump Wins Second Term: Dollar Rises, Renewable Energy Falls
Trump’s win secured the presidency and a Republican Senate majority, enabling potential policy shifts. Analysts attributed the dollar’s rise to anticipated fiscal policy changes, including tariffs on imports. The dollar index, which measures the currency against major peers, advanced by 1.25%. Market Surge and Dollar Strength: The U.S. dollar rose 1.25%, and major stock indices…