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Stock Markets Crater As A Trump Presidency Looms - Business - Nairaland

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Stock Markets Crater As A Trump Presidency Looms by Nobody: 6:58am On Nov 09, 2016
Stock markets are in turmoil as Trump takes unexpected lead in several battleground states including Florida, Ohio and North Carolina.
Dow futures briefly dropped more than 800 points and bonds rallied as markets feared Donald Trump could pull off an upset and take the White House.
S&P 500 futures briefly fell more than 5 percent just before midnight ET. Trade volume in eMini S&P futures was about 17 times their average daily volume, according to a note from Citi.
Investors moved into the safety of bonds Tuesday evening and stock futures cratered as traders questioned whether Democrat Hillary Clinton could still win the race, as expected.
The Mexican peso also fell a whooping 10 percent against the US dollar.


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