Wednesday, 9 November 2016

Markets rise as Americans vote

Markets rose on Tuesday as Americans went to vote.

The S&P 500 rose 0.4 percent while the STOXX Europe 600 rose 0.3 percent.

Safe haven assets declined. US 10-year notes fell and yields rose three basis points to 1.86 percent while gold fell 0.4 percent.

Earlier on Tuesday, Asian stocks mostly shrugged off a report that China's exports fell for a seventh consecutive month in October.

The Shanghai Composite Index rose 0.5 percent but the Nikkei 225 finished flat.

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