Markets: The post-election rally on Wall Street continued into afternoon trading, with the Dow Jones Industrial Average jumping 3.4%, or roughly 1,450 points, and the S & P 500 advancing 2.4%.
It's worth noting, the stock market was reacting like Jim Cramer said it would in his Sunday column .
The one thing markets hate is uncertainty, and Wednesday's rally can be attributed, in part, to relief that Wall Street professionals and individual investors alike know where they stand and what to expect from the country's next president.
Bond yields move inversely to prices, and a basis point is equal to 0.01%.
"You have to be very careful to respect the bond market if you do any buying today," Jim said.
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Jim Cramer, Donald Trump, Kamala Harris, Morgan Stanley, Jim, It's, Yun Li, Trump, Harris, Jerome Powell's, we'll, Jim Cramer's
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