Markets React Sharply to Trump’s Debate Performance
Trump's strong showing in the presidential debate impacts stocks, bonds, and currencies amid investor speculation.
- The S&P 500 ended a strong quarter with a slight decline as traders adjusted positions post-debate.
- Stocks tied to a potential Trump administration, such as private prisons and coal companies, surged.
- Long-term Treasury yields rose despite positive inflation data, reflecting concerns over fiscal policy.
- The US dollar strengthened, driven by expectations of higher tariffs and trade tensions under Trump.
- Solar and health insurance stocks, associated with Democratic policies, faced significant losses.