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How did the markets respond to the U.S. Presidential debate?
Vice President Kamala Harris saw a seven-point shift in her favor from betting odds after the hour and half debate against former President Donald Trump. While the race is still viewed as a toss-up, markets moved towards a greater probability of a Harris victory. While elections may not have much of an impact on the broad markets, there are some segments of the market that are more sensitive to political outcomes. Investors generally think that a Trump victory would be negative for Oil prices due to more production. They also believe that a Harris victory would be better for companies that are supported by Biden era ... (full story)
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- Posted: Sep 14, 2024 1:01am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 5,062
