Today's Financial News

As election day unfolds, traders are weighing potential market impacts based on the possible outcomes. A Trump victory is being considered as a more predictable scenario for markets, with some foreseeing stronger profitability opportunities. However, with a Harris win still plausible, its essential to consider how each outcome could influence trading strategies.

Under a Harris administration, continuity of Bidens policies is expected, possibly leading to a dollar depreciation of up to 5%.

Conversely, a Trump win could drive the dollar up by more than 7%, largely due to inflationary pressures from renewed import tariffs. Currencies like the Euro and Mexican Peso might weaken if tariff policies are reinstated.

Stock Market Outlook: Analysts generally expect moderate gains regardless of who wins, with the market possibly seeing less volatility in a Trump scenario due to more defined policy direction.

Result Timing: Election results could arrive later this morning, or within the next two days depending on the pace of vote counts.

Current Results: CNN currently reports Trump ahead in Kentucky (71.8%), Indiana (61.1%), and Florida (51.9%), with a popular vote share of 54.9% and an electoral lead of 8 over Harriss 3.

For ongoing updates, visit CNN Election Coverage.