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Source: Live Mint Indian stock market’s benchmark indices, Sensex and Nifty 50, rallied over 1% on Wednesday in response to the US election results 2024, which indicate a likely victory for Republican candidate and former President Donald Trump over Democratic candidate Kamala Harris. On Wednesday, the Sensex surged 901.50 points, or 1.13%, to close at…
Source: Live Mint The Iranian Rial fell on Wednesday, November 6, to an all-time low as former President Donald Trump raced for the U.S. presidency again, reported the news agency AP. The rial traded at 703,000 rials to the dollar. The last two times the Iranian Rial took a hit was in 2015. At the…
Source: Live Mint The US Dollar Index, which measures the greenback’s strength against a basket of six major currencies, surged by 1.9% to 105.30 on Wednesday, November 6 to its highest level in almost four months. This rally was driven by early reports suggesting that Republican candidate Donald Trump is edging closer to securing a…
Source: Live Mint EMS stocks: Electronic Manufacturing Services (EMS) stocks have increased during Wednesday’s trading session as Donald Trump takes the lead in the US Presidential race, with expectations that the upcoming administration will enforce tougher tariffs on China due to the ongoing trade conflict between the two nations. Dixon Technologies share price has jumped…
Source: Live Mint As the voting for the US presidential election was underway on Tuesday, world’s largest cryptocurrency Bitcoin climbed 3.3 per cent to about $70,077, with Donald Trump viewed by crypto investors as enacting more favorable policies for cryptocurrencies than Kamala Harris. Earlier in the session, Bitcoin surged as much as 4.8 per cent…
Source: Live Mint Trump Media & Technology Group Corp., the parent company of the former president’s Truth Social platform, jumped more than 15 per cent on Tuesday as voters head to the polls. The stock, which trades as the ticker symbol DJT, is notoriously volatile and is broadly considered a meme stock. The former president’s…
Source: Live Mint US stocks rose on Tuesday, as investors awaited the outcome of the tightly contested presidential election and other potentially market-rattling events this week. At the opening bell, the Dow Jones Industrial Average rose 40.9 points, or 0.10 per cent, to 41835.49. The S&P 500 rose 9.7 points, or 0.17 per cent, to…
Source: Live Mint Pennsylvania is emerging as the jackpot in the hotly contested presidential race, drawing both Donald Trump and Kamala Harris in frenzied campaigning on the eve of the election, along with a surge in legal cases from both sides. Pennsylvania’s 19 Electoral College votes are the most of the seven swing states that…
Source: Live Mint Political risk—the notion that an election might have a meaningful impact on financial markets—used to be something that was the concern of emerging-market investors. Those in rich countries paid attention to central bankers, rather than politicians. Things are a little different today. In the run-up to America’s presidential election on November 5th,…
Source: Live Mint As Wall Street is bracing for the US presidential election on Tuesday (November 5), market participants will keenly watch its outcome and the Federal Reserve’s monetary policy decision in the week ahead. According to several reports, Democrat candidate & US Vice President Kamala Harris and Republican opponent & former president Donald Trump…
