[ad_1]
What the market feared most in the US elections became a reality. And it is that the vote count is showing that the election of the new American president will be narrow, opening the door to the uncertainty that this generates.
In fact, at dawn Trump declared himself the winner of the contest and asked to stop the vote count, which is why he announced that he will go to the Supreme Court, which leaves investors more nervous.
At this time, Bloomberg and The Wall Street Journal give the Democrat Joe Biden 238 electoral votes and the current president, Donald Trump, 213 of the 270 necessary to win the White House. Donald Trump surprised by winning important states like Texas and Florida. Joe Biden managed to wrest Arizona from the Republicans.
In the previous days, analysts had anticipated that in the early hours of Wednesday the volatility was it would take the markets before the close electoral contest. With the first counts the Wall Street futures went down after a positive previous day, but as the hours went by they took a positive course for a while. Already in the morning the out-of-market operations of the New York indices maintain uncertainty with the Dow Jones falling 0.39%, while the S&P 500 and the Nasdaq are up 0.21% and 1.95%.
In Europe, the Spanish Ibex 35 fell 1.50%, followed by the German Dax which fell 0.29% and the Euro Stoxx 50 which fell 0.26%. The French Cac 40 scaled 0.18% and the United Kingdom’s Ftse 100 advanced a slight 0.01%.
In Asia, with markets already closed, the Japanese Nikkei 225 rose 1.72%, the Chinese Csi 300 climbed 0.76% and the Shanghai Comp gained 0.19%. Hong Kong’s Hang Seng lost 0.21%.
Copper down
Commodities also suffer from this uncertainty, especially when a Biden victory gave more hope of an improvement in the US relationship with China.
But with the uncertain outcome, copper loses ground on the London Metal Exchange. According to data provided by the Chilean Copper Commission (Cochilco), Chile’s main export product lost 0.64% and closed at US $ 3.06 a pound for the day.
[ad_2]
