Trump Wins Presidency; Stocks, Oil Prices and the US Dollar Fall

Donald Trump's victory in the U.S. presidential election sparked a drastic plunge in stock prices on global markets, weakened the U.S. dollar, and pushed down oil prices.  European stock indexes were down as much as 2.7 percent early Wednesday, but those losses moderated in later trading.In Asia, Japan's NIKKEI lost nearly 5.4 percent, while Hong Kong's Hang Seng was down more than 2.3 percent.Many traders moved money into safe haven investments like gold. The price of...

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