Citigroup: If Trump can maintain an early lead, the stock market is expected to respond positively.

On November 6, Jinsan data reported that Citibank analysis, the initial election results have at least ruled out the possibility of a major victory for the Democratic Party, as the Republican Party seems to be able to lock in the majority of Senate seats. Given the increased likelihood of the Republican Party holding a majority in the Senate and Trump’s lead in the Electoral College, S&P 500 futures and Nasdaq 100 futures both rose by 1.1%, while Russell 2000 futures rose by over 2%. In addition, the 10-year Treasury yield has risen to 4.4%. Scott Chronert, an analyst at the bank, said that the trend suggests that the Republican Party is likely to win big, but it is still too early to draw conclusions. Despite possible tax incentives, people are still concerned about the potential impact of Trump’s tariff policy on future rise expectations and profit margins.