Government-bond yields went on a tear following Trump's win on expectations that the president-elect's immigration and protectionist trade policies would drive inflation and force the Federal Reserve to raise rates. The 10-year note surged as much as 21 basis points to 4.47% on Wednesday, the day after the election.

Asian stocks tumbled on Tuesday dragged by Chinese markets and chip shares as investors worried about U.S. President-elect Donald Trump's policies, while bitcoin hit a record peak on bets on assets that are set to benefit from the new administration.

The S&P 500 on Friday was trading above 6,000 for the first time in history, while the Dow Jones Industrial Average was soaring above 44,000 after Donald Trump’s election and the Federal Reserve’s interest-rate cut lifted the large-cap benchmark index to a fresh record.

Stocks are on a roll this month, with the S&P 500 notching its 50th record high of the year and topping the 6,000 point mark for the first time ever.

Trump-linked stocks help push indexes to record highs | REUTERS Wall Street's main indexes notched record high closes, lifted by stocks expected to benefit from Republican President-elect Donald Trump's potential fiscal policies.