Share prices and bond yields have surged as the Republican party gained control of the Senate and former President Donald Trump closed in on the 270 votes in the Electoral College that would return him to the White House.

U.S. stocks ended lower on Monday, as investors await the too-close-to-call presidential election on Tuesday. The Dow Jones Industrial Average went down 257.59 points or 0.6% to end at 41794.60, according to Dow Jones Market Data. The S&P 500 fell 16.11 points or 0.3% to close at 5712.69.

Futures linked to Canada's main stock index climbed more than 1% on Wednesday, bolstered by positive market sentiment after Republican Donald Trump reclaimed the U.S. presidency. December futures on the S&P/TSX index were up 1.

U.S. stock futures soared early on Wednesday—with both the Dow and S&P 500 futures rising by more than 2%—as former President Donald Trump closed in on securing a second term in the White House. U.S.

US stock futures soared in pre-market trading on Wednesday following Donald Trump's claim of victory in the presidential election. The Dow, S&P 500, and Nasdaq all saw significant gains as investors reacted to the news.