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Stock futures surge on president-elect Donald Trump’s sweeping victory

  • Stock futures surged as President-elect Donald Trump and running mate J.D. Vance won the 2024 presidential election.
  • Trump's victory brings a mixed bag of positives and negatives for the retail industry.
  • Retailers can expect a renewel of Trump's tax cut package, which will benefit consumer incomes.
  • However, there is uncertainty due to Trump's proposals on tariffs.

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