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[size=35][size=35]Trump's Win Prospects Lift Stocks, Markets Strongly... Dollar at 5-Year High[/size]
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2024-11-06 | 01:07
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2,020 views
SumerianNews-Economy
S&P 500 futures rose 1.3 percent, the 10-year Treasury yield rose 18 basis points to a four-month high of 4.46 percent, and bitcoin jumped to a new record above $75,000.
The moves reflect growing expectations that Trump will win the US election, with Vice President Kamala Harris’ chances of winning diminishing.
Some Wall Street investors have bet that Trump’s pro-growth stance on industrial policy, corporate tax cuts and tariffs will boost stocks but could fuel inflation — which would send bond yields and the US dollar higher.
The Bloomberg Dollar Index rose 1.5%. The Mexican peso fell 2.8%, while the Japanese yen and the euro fell at least 1.6%.
The Russell 2000 index of small companies in the US gained 2.4%. Stocks in Japan and Australia rose, while Hong Kong fell. The rise inDollarCopper fell along with most metals and commodities.
Oil prices fell more than 1 percent in early Wednesday trading, as the strength ofDollarDue to market bets that the US presidential election may tilt in favour of Republican Donald Trump, although the race is still very close, in addition to a greater-than-expected rise in US crude inventories.
https://www.alsumaria.tv/news/economy/505527/%D8%A7%D8%AD%D8%AA%D9%85%D8%A7%D9%84%D8%A7%D8%AA-%D9%81%D9%88%D8%B2-%D8%AA%D8%B1%D8%A7%D9%85%D8%A8-%D8%AA%D8%B1%D9%81%D8%B9-%D8%A7%D9%84%D8%A3%D8%B3%D9%87%D9%85-%D9%88%D8%A7%D9%84%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A8%D9%82%D9%88%D8%A9-%D9%88%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A8%D8%A3%D8%B9%D9%84%D9%89-%D9%85%D8%B3%D8%AA%D9%88%D9%89-%D9%85%D9%86%D8%B0
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economy
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2024-11-06 | 01:07
[/size]
2,020 views
SumerianNews-Economy
Global markets witnessed a wave of deals linked to the rising chances of Donald Trump winning the US presidential elections, as stocks recorded continuous gains, Treasury bond yields jumped, and...DollarTo its highest level since March 2020.
S&P 500 futures rose 1.3 percent, the 10-year Treasury yield rose 18 basis points to a four-month high of 4.46 percent, and bitcoin jumped to a new record above $75,000.
The moves reflect growing expectations that Trump will win the US election, with Vice President Kamala Harris’ chances of winning diminishing.
Some Wall Street investors have bet that Trump’s pro-growth stance on industrial policy, corporate tax cuts and tariffs will boost stocks but could fuel inflation — which would send bond yields and the US dollar higher.
The Bloomberg Dollar Index rose 1.5%. The Mexican peso fell 2.8%, while the Japanese yen and the euro fell at least 1.6%.
The Russell 2000 index of small companies in the US gained 2.4%. Stocks in Japan and Australia rose, while Hong Kong fell. The rise inDollarCopper fell along with most metals and commodities.
Oil prices fell more than 1 percent in early Wednesday trading, as the strength ofDollarDue to market bets that the US presidential election may tilt in favour of Republican Donald Trump, although the race is still very close, in addition to a greater-than-expected rise in US crude inventories.
https://www.alsumaria.tv/news/economy/505527/%D8%A7%D8%AD%D8%AA%D9%85%D8%A7%D9%84%D8%A7%D8%AA-%D9%81%D9%88%D8%B2-%D8%AA%D8%B1%D8%A7%D9%85%D8%A8-%D8%AA%D8%B1%D9%81%D8%B9-%D8%A7%D9%84%D8%A3%D8%B3%D9%87%D9%85-%D9%88%D8%A7%D9%84%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A8%D9%82%D9%88%D8%A9-%D9%88%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A8%D8%A3%D8%B9%D9%84%D9%89-%D9%85%D8%B3%D8%AA%D9%88%D9%89-%D9%85%D9%86%D8%B0
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