Reported about 1 year ago
US stock futures and the dollar rose in early Asian trading as 2024 presidential candidates Biden and Trump sparred in their first debate. Trump was viewed as having a stronger showing, leading to increased stock prices, bond yields, and a rise in the US dollar against trade-sensitive currencies. Investors anticipate a Trump presidency for lower corporate taxes and tougher trade relations. However, it's noted that some comments were misleading or false, and Biden's odds decreased while Trump's increased on PredictIt's election market.
Source: YAHOO