Stock market nov 7th 2016
Graeme Wearden now and Nick Fletcher. Monday 7 November Predictions of a Hillary Clinton election victory have cheered the markets, ending a nine-day losing streak. The Dow Jones industrial average jumped by points, or 2.
The tech stock-heavy Nasdaq index gained almost 2. With around 36 hours to go until the result becomes known, there is plenty of potential for upsets however, and we may see the bullish move falter tomorrow if the battleground states remain in close contention. Key states such as Florida, North Caroline and Pennsylvania will determine who wins the White House. And the word from the campaign trials is that the race is still tight.
Democrats gained a late confidence boost as a final series of national opinion polls confirmed a small but steady lead for Clinton.
Stock Market News for November 07, - November 7, - seboxinero.web.fc2.com
But the continued risk of an upset that would send shockwaves around the world was underlined by state-level polling suggesting several possible paths to victory also remain for Trump. He hopes to galvanise white working-class anger over jobs and trade in the traditionally Democratic manufacturing regions, though also needs an almost clean sweep of battleground states including Florida and North Carolina to win outright.
Sensing possible danger, the Clinton campaign poured last-minute resources into the industrial midwest, a region where she struggled against a similar anti-establishment surge for Bernie Sanders during the primary election season.
Both Clinton and Barack Obama held afternoon rallies in Michigan before planning to finish the night on stage together in Philadelphia with Bruce Springsteen Shares in shipping, logistics and transport companies are having a particularly good day, sending the Dow Jones Transportation Average up by 2. Analysts reckon that the transport sector would do well under a Clinton or Trump presidency, as both have promised spending on infrastructure.
The British pound continues to be buffeted by the sudden strength of the US dollar today. Sterling has shed one cent, or 0. The dollar is up around 0. Corona beer importer rallies with a Trump defeat looking more likely https: With Clinton seen as the more status quo option, investors are aware that the markets could tumble if Donald Trump stages a surprise victory.
Jeff Carbone, co-founder of Cornerstone Financial Partners in Charlotte, North Carolina, says via Reuters:. The gold price is continuing to slide today, as traders put their money into riskier assets.
Our colleagues in America are relentlessly live-blogging the final day of the campaign. Bloomberg Billionaires Index , which tracks those with more money then they could possibly know what to do with, has jumped by 0.
Derek Halpenny, European head of global market research at MUFG tells IanKingSky there is element of under-pricing for Trump victory. Please choose your username under which you would like all your comments to show up. You can only set your username once.
International edition switch to the UK edition switch to the US edition switch to the Australia edition. The Guardian - Back to home. Shares jump on Wall Street FTSE posts biggest rise since 2nd September Rally is good news for billionaires Earlier Summary: Trump win could prompt market rout.
Stocks jump after FBI clears Clinton again - Nov. 6,
Key events Show 9. Wall Street posts biggest jump since March 7. Here's when the result might come in 2. Stock markets rally after FBI clears Clinton again. Wall Street posts biggest jump since March DING DING! Clinton campaign buoyed by high Latino turnout in election's final hours. Facebook Twitter Google plus. Marketwatch has more details.
Bloomberg business Corona beer importer rallies with a Trump defeat looking more likely https: Bullion is down 1. He was speaking to Sky News a few minutes ago: Ian King Live Team SkyIanKingLive Derek Halpenny, European head of global market research at MUFG tells IanKingSky there is element of under-pricing for Trump victory November 7, Ian King Live Team SkyIanKingLive Halpenny: November 7, Ian King Live Team SkyIanKingLive Halpenny: Topics Stock markets Business live.
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Stock Market News for November 07, - seboxinero.web.fc2.com
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