The Globe and Mail reports in its Thursday, Nov. 7, edition that Donald Trump's victory was anticipated by financial markets, leading to the emergence of the Trump trade. The Globe's David Berman writes that the strong market reaction on Wednesday indicates that investments tied to his promises are now thriving. U.S. stocks soared. The Dow Jones Industrial Average jumped more than 1,500 points for its biggest gain in two years, and the S&P 500 rallied 2.5 per cent to 5,929.04 -- record highs for both indexes. U.S. financials, energy stocks and industrials led the day's gains, as investors anticipated that Mr. Trump's policies will reward companies with direct ties to the U.S. economy. JPMorgan rose 11.6 per cent. Bitcoin, which had been rising after statements by Mr. Trump during the campaign that he will make the United States the "crypto capital of the planet," soared to a record high above $76,000 (U.S.). Another standout: Tesla rose 14.8 per cent, reflecting the hope that chief executive officer Elon Musk's ties to Mr. Trump will yield benefits to the electric-vehicle maker. In Canada, stocks also enjoyed a postelection rally, even if they lagged their U.S. counterparts.