Thursday 10 November 2016

Markets rise on Trump victory

Markets rose on Wednesday after a surprise victory by Donald Trump in the US presidential election.

The S&P 500 rose 1.1 percent while the STOXX Europe 600 rose 1.5 percent.

However, the MSCI Emerging Markets Index fell 2.5 percent as Mexican and Brazilian shares sank.

The US 10-year Treasury yield jumped 22 basis points to 2.07 percent.

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