Market reaction to possible Donald Trump victory in 2024 presidential election, company reviews
Stock market news
• Markets were wild, with the dollar and Wall Street futures rising and Treasuries suffering as early presidential election results favored Republican Donald Trump.
• Several key swing states had yet to be called, but betting sites were strongly favoring Trump, with the NY Times real-time forecast projecting a 91% chance of his victory. Analysts believe Trump's plans to curb immigration, cut taxes and impose massive tariffs, if enacted, would put more upward pressure on inflation and bond yields than Harris's center-left policies. Trump's proposals could also boost the...