You can thank Scott Walker. The stock market always booms when there is a big Republican election victory, particularly when it is bigger than the MSM projected. The market crashes when there is a Democrat victory or it is apparent that the Democrats are going to win.
In 1994, the stock market began to surge immediately after the Republican sweep. From 1994 until 2006, there is almost a perfect correlation between the stock market and whether or not the Democrats control the House or Senate. In 2006, the market began to tank after the Democrats retook both houses of Congress. In 2008, the market crashed shortly after the Republican and Democrat conventions, when it was apparent that Obama would be the next President and that the Democrats would continue to control Congress.
Since Obama took office, the stock market has basically had an inverse relationship with Obama’s approval ratings. When Obama’s approval ratings go down, the market goes up. When Obama’s approval ratings go up, the market goes down.
Oh, but ABC News just told us this is due to the Euro situation stabilizing...nothing to do with Scott Walker /s