Today's Must-Know Market Updates

Whats at Stake for Traders this Election Day

Election day is here, and traders are on edge about what a “Trump Trade” could mean. Many expect a Trump victory, feeling it would bring a more straightforward—and perhaps more profitable—market reaction. Still, with Harris in the running, lets check out what each scenario could mean for trading decisions.

If Harris takes the win, her approach would stick close to Bidens, which might pull the dollar down as much as 5%.

On the flip side, Trump could boost the dollar by over 7%, largely from import tariff inflation. This might hurt currencies like the Euro and the Peso as tariffs make a comeback.

Stock Market Angle: Regardless of who wins, analysts anticipate a moderate stock bump, though a Trump outcome might mean fewer drastic swings as the direction is more anticipated.

Result Timeline: We may see results by later this morning or as late as two days from now, depending on vote counts.

Election Snapshot: According to CNN, Trump currently holds leads in Kentucky (71.8%), Indiana (61.1%), and Florida (51.9%), with 54.9% of the popular vote and an 8-to-3 lead in the electoral count over Harris.

Stay tuned with live updates on CNNs Election Coverage.