Tuesday, November 8, 2016

Markets Down as Trump Pulls Ahead

Posted By on Tue, Nov 8, 2016 at 8:38 PM

click to enlarge bigstock-presidential-elections-in-the--149493011.jpg

The New York Times is reporting that markets are falling in Asia as Trump is currently further ahead than expected. As of now, he has just been called to win Ohio, and is leading in Florida, Michigan, North Carolina, and Wisconsin, among others.

"Stocks in Tokyo, Hong Kong, and other major markets were down by as much as 2 percent as of late morning, after Japanese shares reversed earlier gains" an article in the New York Times said.
Just yesterday, markets were looking positive as traders felt confident Clinton would win.

"Clinton, viewed among investors as the status quo candidate, seems less inclined to take wild steps that would upset the markets" according to CBS MoneyWatch. Now, it appears traders are reversing course.

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