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2024 US election: the markets react

GlobalData
Summary
Nutrition label

76% Informative

US futures point to a positive surge on Wall Street, with Tesla among the early gainers.

Bitcoin has rocketed to a record high as crypto fans expect a more supportive regulatory environment.

Justin Onuekwusi , CIO , St. James’s Place , says there is potential for higher short-term volatility in bond markets in the aftermath of the election.

He vowed to increase tariffs by another 10% on most foreign products and impose much higher duties on goods from China .

There are risks that inflationary pressures in the US , prompted by higher tariffs will be exported.

As the dollar rises, countries which import commodities priced in USD may also see prices increases.

VR Score

79

Informative language

78

Neutral language

59

Article tone

semi-formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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