Markets Show Favoritism Toward Kamala Harris Over Donald Trump After Debate
Wednesday, 11 September 2024, 15:57
Markets Respond to Harris vs. Trump Debate
The first Presidential debate between Kamala Harris and Donald Trump has left a noticeable mark on financial markets. Following Tuesday night's debate, markets are indicating that Vice President Harris performed better, with significant sell-offs in assets associated with the so-called Trump trade. Here’s a closer look at the debate’s aftermath on trading.
Significant Market Movements:
- Trump Media & Technology Group shares plummeted by 18%, reaching a record low.
- The stock was valued at $16.16 per share as of 10:28 a.m. ET.
- Bitcoin Traders demonstrate mixed reactions, with fluctuations following the debate.
- The US dollar's position is uncertain as markets digest the implications of the debate.
This debate highlighted critical issues influencing trader sentiment, with Kamala Harris emerging as a potential leader in the eyes of markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.