Published On Nov 6, 2024, 4:06 AM
Following a tight election race, Donald J. Trump declared victory early in the morning on November 6, 2024, ahead of a prolonged ballot counting process that many news anchors expected. The elections mirrored the close race of 2016 rather than 2020, with results favoring Trump in key swing states, leading to a premature victory announcement from him, which was reflected across major news networks.
Negative
Trump's victory could lead to increased uncertainty in the markets, particularly impacting sectors that thrive under Democratic policies. With a potential Trump administration on the horizon, investors should reassess their portfolios, particularly in relation to healthcare, energy, and technology stocks that may face regulatory changes.
Nov 6, 2024, 3:51 AM
Investors celebrated former President Trump's win to become the 47th president of the United States, which will likely usher in pro-business policies.
Nov 6, 2024, 2:30 AM
Investors are in wait-and-see mode to find out whether Harris or Trump will win the US election.
Nov 5, 2024, 8:16 PM
Investors are also focused on a US central bank rate decision and a key announcement on the Chinese economy.