The markets delivered their opinion on Donald Trump’s probable victory in the U.S. presidential race hours before Hillary Clinton admitted defeat, and it wasn’t pretty. The numbers said the American and global economies were about to enter the House of Pain and stay there.
But shortly before Mr. Trump delivered his victory speech and promised economic stimulation measures, the markets started to recover. A few hours later, the markets, amazingly, won back all their lost ground and then some. In London, the FTSE-100 index closed up 1 per cent. The S&P 500 rose, too, and the euro gave up its early safe-haven gains against the dollar.Report Typo/Error