News Formal

US stocks and dollar defensive, bonds rally as Harris harries Trump

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 27 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 115%
  • Publisher: 78%

Kitco News News

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

LONDON, Sept 11 - U.S. stock futures faltered, the dollar was on the defensive and bond prices rallied, as markets reacted to a U.S. presidential debate in which Vice President Kamala Harris put Republican Donald Trump on the defensive.

Harris' late entry in the presidential race after President Joe Biden's withdrawal in July has tightened the race, and her strong debate performance continued a reversal of trades that were put in place on expectations of a second Trump presidency. In a boost to the Harris campaign, pop megastar Taylor Swift said she would back Harris in the Nov. 5 election.

Nakagawa reiterated in a speech that the central bank would continue to raise interest rates if the economy and inflation move in line with its forecasts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in US

United States United States Latest News, United States United States Headlines

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

Harris vs Trump: Which will be better for the stock market?It’s been a busy week for economic policy as the race for the White House continues between Vice President Kamala Harris and former President Donald Trump...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »