Markets Volatile as U.S. Election Outcome Uncertain
LONDON (Dispatches) - European stock markets are volatile as uncertainty continues over the outcome of the U.S. election.
Indexes in London, Paris and Frankfurt opened sharply lower after incumbent President Donald Trump vowed to launch a Supreme Court challenge.
However, they had recovered by mid-morning, trading higher on the day before zigzagging again.
All three were in positive territory by lunchtime, with the dollar up against the pound but down against the euro.
On Tuesday, the three major US indexes closed higher, with the Dow up more than 2%.
The wider S&P 500 rose 1.7%, while the Nasdaq climbed almost 1.9%.
Asian markets mostly closed higher on Wednesday.
Indexes in London, Paris and Frankfurt opened sharply lower after incumbent President Donald Trump vowed to launch a Supreme Court challenge.
However, they had recovered by mid-morning, trading higher on the day before zigzagging again.
All three were in positive territory by lunchtime, with the dollar up against the pound but down against the euro.
On Tuesday, the three major US indexes closed higher, with the Dow up more than 2%.
The wider S&P 500 rose 1.7%, while the Nasdaq climbed almost 1.9%.
Asian markets mostly closed higher on Wednesday.