European stock markets traded sharply lower on Wednesday after Republican candidate Donald Trump won the U.S. presidential election, unsettling global financial markets. However, early Wednesday morning Trump emerged as the winner after securing majorities in several key swing states, including Ohio, Florida and North Carolina.

U.S. stocks rallied Wednesday, with the Dow industrials jumping 257 points, led by a surge in financial, health-care and industrial stocks, as investors bet on the infrastructure spending policy promised by President-elect Donald Trump.

Asian shares rose broadly early Thursday, as global investors chose to focus on the upsides of a Donald Trump presidency after a sharp selloff in the region the previous day.