Developing Story
Stock futures inch higher
U.S. stock futures inched higher following the debate. At midnight, the Dow, S&P 500 and Nasdaq Composite registered modest gains after former President Donald Trump turned in a strong debate performance, while Biden lapsed.
Friday, a key inflation report, the PCE due at 8:30 am, is expected to influence the markets.
Developing Story
Markets bet on Trump
During and after the debate between President Joe Biden and former President Donald Trumps, betting folk put their money on Trump, according to Predict It, which describes itself as a project of Victoria University of Wellington, established to facilitate research into the way markets forecast events.
Bill Ackman sounds off
Billionaire hedge fund manager Bill Ackman, who has been an outspoken proponent of antisemitism following the October 7 attacks by Hamas on Israel, believes former President Donald Trump will “win in a landslide” according to a tweet after the Thursday night debate.
Breaking News
Biden, Trump and inflation nation
The debate between President Joe Biden and former President Donald Trump kicked off with a blame game over which administration is responsible for America’s inflation crisis.
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