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Trump Victory Impacts Global Markets
Investor concerns over Trump's trade policies caused several international ETFs to decline despite record highs in major US indexes.
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United States
PoliticsUs PoliticsStock MarketInternational TradeGlobal EconomyEconomic UncertaintyTrade Tariffs
Euronext NvIsharesBmo Wealth ManagementLpl FinancialCnbc
Donald TrumpYung-Yu MaAdam TurnquistJavier Milei
- What was the market reaction to Donald Trump's victory in the US election?
- Several U.S.-listed global stock tracking funds retreated on Wednesday due to investor concerns about Donald Trump's election victory and its potential negative impact on international equities.
- Were there any exceptions to the general downward trend in international ETFs?
- While most international ETFs fell, the Global X MSCI Argentina ETF climbed 3%, possibly due to Argentina's recent election of a president with policies similar to Trump's.
- How did US markets compare to international markets in the aftermath of the election?
- The divergence between U.S. and international markets is evident, with the Dow Jones soaring while European markets struggled following Trump's win. The iShares Core MSCI Europe ETF, for example, fell over 2%.
- What macroeconomic factors contributed to the negative performance of some international markets?
- The rise in the ICE U.S. Dollar Index and increased inflation expectations after Trump's victory could negatively impact international stocks, especially emerging markets, as the stronger dollar hurts these markets.
- What specific policy proposals of President-elect Trump are causing concern in the global markets?
- Traders are preparing for President-elect Trump's proposed import tax policies, including a potential 20% tariff on all goods and a 60% levy on goods from China. This uncertainty is causing concern in international markets.