The Swiss stock market opened stronger on November 6, 2024, following predictions of a Donald Trump victory in the U.S. presidential election.
The euro was trading at CHF 0.9362, while the dollar stood at CHF 0.8733 in the morning session.
In pre-market trading in the U.S., shares of Trump Media & Technology Group surged over 40% after Fox News announced Trump's victory over Democrat Kamala Harris.
This significant rise comes as the stock's valuation has nearly doubled since its debut in March, reflecting investor optimism surrounding Trump's return to the presidency.
Meanwhile, oil prices experienced a slight decline, indicating mixed reactions across the commodity markets amid the election results.