Finance executives fret as US presidential election too close to call

Global investors on Wednesday began reversing some Biden trades that had prompted a jump in Wall Street's main indexes on Tuesday.Share markets including US equity futures gyrated wildly, as voting projections on some key states appeared to favour Trump.

This year, Mike Novogratz, chief executive of New York-based Galaxy Digital and a major Democratic donor and fundraiser tweeted about being at home with a bottle of wine, watching the results on television with his family. "There are no problems right now but that's only because there's no answer right now," said Billy Weber, CEO of Checkpoint Capital, a fixed-income platform.The S&P 500 Index has risen 48.8 per cent during Trump's tenure, which he has frequently cited as a measure of success. But Trump has not been uniformly loved by the financial industry.

The former vice president has cast himself as someone who will unify the country and has aligned himself with progressives fiercely critical of Wall Street.READ: Senate Republicans and Democrats trade losses as battle for Senate rages

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

US consumers' views on labor market mixed, New York Fed survey showsU.S. consumers reported mixed feelings about the labor market in October as the outlook for unemployment improved but the perceived odds of ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »

US consumers' views on labour market mixed, New York Fed survey showsUS consumers reported mixed feelings about the labour market in October as the outlook for unemployment improved but the perceived odds of finding ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »