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Here's how UBS says the US election could impact European stocks

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Here's how UBS says the US election could impact European stocks

Investing.com -- The outlook for international trade and green energy policies following the US presidential election is likely to impact European equities, according to analysts at UBS.

Trump and Harris are locked in a virtual tie heading into Election Day, particularly in the crucial swing states that will possibly sway the outcome of the vote. "Industrials and utilities would likely be most at risk from any rollback of green spending initiatives," the UBS analysts added."And although tax cuts and easier regulations in energy and financials could offer some pockets of support under Trump, we view other factors, such as the tariff worries and a potential increase in bond yields, as bigger drivers of any sector moves."

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