U.S. election reaction and stock moves
European markets close in the red
European stocks closed in the red Wednesday, following a mixed session as investors digested Donald Trump‘s defeat of his Democrat rival Kamala Harris in the U.S. presidential election.
The pan-European Stoxx 600 reversed earlier gains to end 0.59% lower, with all regional bourses and the majority of sectors closing lower.
The FTSE 100 was 0.07% lower at 8,166, Germany’s DAX down 1.14% at 19,036, France’s CAC 0.51% lower at 7,369 and Italy’s FTSE MIB down 1.54% at 33,940.
— Karen Gilchrist
U.S. markets jump at the open on election outcome
Traders wearing Trump hats celebrate the re-election of US President-elect Donald Trump on the floor of the New York…