Global markets respond to Trump win

Stock markets rallied off earlier lows is an anticipated boost from U.S. fiscal policy when President-elect Donald Trump takes office.

Republican presidential candidate Donald Trump smiles during an event with the Republican Hindu Coalition, Saturday, Oct. 15, 2016, in Edison, N.J. (AP Photo/ Evan Vucci)

Donald Trump wins Iowa

He was awarded the state’s six Electoral College votes early Wednesday.