Wahala dey ooo.....Wall Street stocks fell Tuesday as a new
poll suggested Republican candidate Donald Trump could win the
presidency, an outcome that has stirred anxiety in financial markets.
The share price declines sent leading
equity indices to their lowest level since just after Britain’s shock
vote to exit the European Union in June.
At the closing bell, the Dow Jones Industrial Average was down 0.6 percent to 18,037.92.
The broad-based S&P 500 declined 0.7
percent to 2,111.75, while the tech-rich Nasdaq Composite Index dropped
0.7 percent to 5,153.58.
Clinton is generally preferred by
markets compared with Trump, who is viewed as a wildcard, in part
because of his harsh criticism of Federal Reserve chief Janet Yellen and
international trade pacts.
“The market is pricing in a somewhat
reduced likelihood of a Clinton victory, but it’s not down all the way
to pricing in a Trump victory,” said Karthik Sankaren, director global
strategy of Eurasia Group.
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