Morning Agenda: Trump Triumphs and Global Markets Plummet
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A foreign exchange brokerage in Tokyo on Wednesday. Japanese economic officials convened an emergency meeting in response to the swings in financial markets. CreditFranck Robichon/European Pressphoto Agency
Donald John Trump has been elected the 45th president of the United States.
His campaign railed against the establishment, as did his voters. In the end, they delivered a huge upset and a repudiation of Hillary Clinton.
The response was immediate: Mr. Trump’s victory roiled global financial markets.
Wall Street futures fell as much as 5 percent, indicating that a sell-off looms when American markets open. Futures pointed to the Dow Jones industrial average opening more than 2 percent lower. Futures on the broader Standard & Poor’s 500-stock index fell by the 5 percent limit, although they have since recovered a little…
Morning Agenda: Trump Triumphs and Global Markets Plummet
