Trump's Win Spurs Asian Market Rebound

Asian and European markets surged Thursday as investors weighed Donald Trump's White House return.The Republican secured the presidency this week with 50.9 percent of the popular vote and counting.Driven by expectations of renewed trade, corporate tax cuts, and deregulation, many markets are preparing for both growth potential and economic disruption.

'People want the government to spend some money to boost the economy, instead of looking outward,' said Francis Lun, CEO of Geo Securities.Wall Street Calm in the Face of VolatilityElsewhere, Japan's Nikkei 225 fell slightly by 0.3 percent to 39,381.41.South Korea's Kospi finished nearly flat, at 2,564.63—both indicate a more cautious approach until Trump's abrupt and often volatile intentions come to light.Domestically, multiple markets have responded with less apprehension.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Evercore ISI names stocks that could win under either Trump or Harris winA rise in volatility similar to the run-up of the 2016 and 2020 presidential elections remains base case, the firm said.
Source: CNBC - 🏆 12. / 72 Read more »

Donald Trump election win turbocharges stocks, cryptocurrency and Trump MediaStocks and cryptocurrency prices set to power higher after Donald Trump is projected winner in U.S. presidential election.
Source: CBSNews - 🏆 87. / 68 Read more »