Five Below sells products targeted toward teens and preteens, ideally pricing things below $5. It needs cheap merchandise to ensure good profit margins. But according to CNBC, Trump has proposed up to a 60% import tariff on goods from China. And this would dramatically impact financial results for Five Below (and others) if enacted.

Many gained on the prospect of lower taxes and the relief from uncertainty. But bonds declined on forecasts of bigger deficits.

While a path toward the 270 Electoral College votes needed to take the White House remained in reach for both U.S. presidential candidates Tuesday, a rally in Dow futures and selloff in U.S. government debt indicated market participants were prepared for a victory by Republican Donald Trump.

Truth Social owner Trump Media & Technology Group, Trump’s social media company, initially skyrocketed in value after CNN and other media outlets projected Trump won Tuesday’s presidential election. Trump Media’s stock,

Shares in Donald Trump’s media company surged as the Republican was elected the 47th president of the United States and investors touted the stock across social media platforms.

Trump Media and Technology Group stock rose 37% in pre-market trading Wednesday after Republican nominee — and the company’s co-founder — Donald Trump won a second presidency.

Shares in former President Donald Trump's media company pushed higher in early trading as voting results in the contentious election showed him closing in on the presidency. Trump Media & Technology Group surged about 50% to above $51 a share in premarket trading.