With Trump leading in polls, analysts warn of hit to tech, manufacturing stocks

With Trump leading in polls, analysts warn of hit to tech, manufacturing stocks

November 6, 2024 / Sarkiya Ranen /


Trade tensions between the US and China are likely to affect the Singapore equity market, they say

WITH former United States president Donald Trump taking the early lead in the hotly contested presidential elections, analysts warn of technology and manufacturing stocks in Asia taking a hit under a possible Trump presidency.

Singapore and regional markets were in the black in early trade on Wednesday (Nov 6) as the Republican candidate pulled ahead in the polls.

As at 2 pm, the benchmark Straits Times Index had inched up 0.1 per cent as investors remain cautious of the US election outcome.



Source link

Posted in

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Leave a Comment