Wall
Street stocks fell Tuesday as a new poll suggested Republican candidate
Donald Trump could win the presidency, an outcome that has stirred
anxiety in financial markets.
The share price declines sent leading equity indices to their lowest level since just after Britain’s shock vote to exit the European Union in June.
At the closing bell, the Dow Jones Industrial Average was down 0.6 percent to 18,037.92.
The broad-based S&P 500 declined 0.7 percent to 2,111.75, while the tech-rich Nasdaq Composite Index dropped 0.7 percent to 5,153.58
Clinton is generally preferred by markets compared with Trump, who is viewed as a wildcard, in part because of his harsh criticism of Federal Reserve chief Janet Yellen and international trade pacts.
“The market is pricing in a somewhat reduced likelihood of a Clinton victory, but it’s not down all the way to pricing in a Trump victory,” said Karthik Sankaren, director global strategy of Eurasia Group.
AFP
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