Donald Trump quickly put his stamp on financial markets Tuesday night. As the votes piled up in key swing states in his favor, leaving him on the cusp of returning to the White House, all the tried-and-true Trump Trade plays erupted. US stocks surged, with S&P futures climbing 1.4%; the dollar posted its biggest gain…
Asian stocks outside of Japan declined in early trading, dragged down by losses in Hong Kong-listed Chinese technology shares as Donald Trump took an early lead in the US presidential election. The MSCI Asia Pacific Excluding Japan Index slid almost 1%, with Alibaba Group Holding Ltd. and Meituan among the biggest drags on the benchmark….
US equity futures climbed to session highs on Tuesday as polls closed in key states, with the riskiest parts of the stock market posting the biggest swings. Futures on the small-cap Russell 2000 Index advanced as much as 3.6% as of 10:02 p.m. in New York, before paring the rally to 2.5%. Contracts on the…
Text size The dollar gained around 1.5 percent against the yen and the euro on Wednesday as traders weighed the budgetary implications of a Donald Trump win in the US presidential election. The greenback rose 1.51 percent against the Japanese currency to buy 153.89 yen at around 0245 GMT and jumped 1.41 percent to nearly…
An election official works during the 2024 U.S. presidential election, in Milwaukee, Wisconsin, U.S., November 5, 2024. Eduardo Munoz | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you…
A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters Treasury yields rose in early trading Tuesday evening as investors awaited results from the tight presidential race between Vice President Kamala Harris and former President Donald Trump. The 10-year Treasury yield traded 5…
Former US President and Republican presidential candidate Donald Trump speaks during a campaign rally at Van Andel Arena in Grand Rapids, Michigan on November 5, 2024. Kamil Krzaczynski | AFP | Getty Images Shares in former President Donald Trump‘s media company pushed higher as voting wound down in the contentious election campaign Tuesday. In after-hours…
Republican presidential nominee and former U.S. President Donald Trump speaks at a campaign town hall meeting in Lancaster, Pennsylvania, on Oct. 20, 2024. Brian Snyder | Reuters Trump Media, which experienced a flurry of trading activity Tuesday as a possible proxy for Donald Trump’s presidency chances, revealed after the closing bell Tuesday a loss for…
Check out the companies making headlines in midday trading: Trump Media & Technology — Shares of the Truth Social parent, which is majority owned by former President Donald Trump, climbed 12% on Election Day . The stock is viewed as a proxy for betting on the former Republican nominee’s likelihood of winning the race for…
Traders work on the floor of the New York Stock Exchange. NYSE The closest presidential races have brought stronger relief rallies, according to data from past election cycles analyzed by CNBC. The S&P 500 has gone on to gain around 1.5% on average between Election Day and the end of that respective calendar year, data…