Election Financial News

Trenney said she knew of other families doing the same in Bellevue, a Pittsburgh suburb and an electoral hotbed prized by both Democrat Kamala Harris and Republican Donald Trump, rivals in a race that analysts say will go down to the wire. «Just trying to pacify the anxiety,» said Trenney, who voted for Harris ahead of Tuesday's Election Day. «Anything and everything to distract from, 'Oh my God, what's going to happen?'»

In America, «swing» states, also known as battleground states, are the major decider of the United States presidential election. These states can make or break any candidate.

Subscribe to enjoy similar stories. EAST LANSING, Mich.—Kamala Harris is running against a persistent level of negativity about the direction of the country, the kind of which few incumbent party nominees survive. Donald Trump is trying to overcome high unfavorability marks and a public with entrenched opinions about him.

Subscribe to enjoy similar stories. The formidable institutional structure of the US will be severely tested today by both the presidential election process and its aftermath, whatever the outcome. Economists define institutions to include the functioning of public protective frameworks.

Donald Trump, Kamala Harris and their campaigns scrambling to get supporters to the polls in a contest each portrays as an existential moment for America. Even after the astonishing blur of events the last few months, the electorate is divided down the middle, both nationally and in the seven battleground states expected to decide the winner on Tuesday, although the closeness of the contest means it could take days for a winner to emerge. Trump, a 78-year-old Republican, survived two assassination attempts, one by millimeters, just weeks after a jury in New York — the city whose tabloids first elevated him to national fame and notoriety — made him the first former U.S. president to be convicted of a felony.

Congress is confident of securing a decisive mandate in Jharkhand and Maharashtra but is «extra watchful» to avoid a repeat of any Haryana-like «last-minute mischief» by the BJP and the local administration, senior party leader Jairam Ramesh said on Monday. In an interview with PTI, Ramesh said the decision on the chief ministerial face of the Maha Vikas Aghadi (MVA) in Maharashtra would be taken after the November 23 results and expressed confidence that the selection of the alliance's chief ministerial face would be a «smooth affair». As the campaign heats up for the assembly polls in Jharkhand and Maharashtra, Ramesh dismissed suggestions that the momentum had shifted away from the INDIA bloc following the Congress' defeat in Haryana and said the alliance was confident of securing a decisive mandate in the two states. «It is true that the result in Haryana was unexpected as far as the Congress is concerned. We are confident in Maharashtra where we have a very strong alliance, and we are very confident in Jharkhand where also we are fighting in an alliance,» the Congress general secretary in-charge communications said.

stocks blunted the impact of a weaker dollar that helped lift the currency's regional peers ahead of the U.S. presidential election. The rupee closed at 84.1150 against the U.S. dollar after touching its all-time low of 84.1225 earlier in the session.

Kamala Harris and Donald Trump is likely to be one of the most closely contested ones in recent US history. Former President Donald Trump and Vice President Kamala Harris are deadlocked in the popular vote. But the election process in US elections is quite complicated. The popular vote doesn't decide the winner of the election but the Electoral college does. Though highly unlikely, there is a scenario where neither candidate reaches the 270 threshold and instead, they tie at 269-269. If neither candidate reaches the required 270, the US Constitution dictates the next steps. The race would become a “contingent election” which gives Congress the responsibility of choosing the next president and vice president.

The United Arab Emirates has opened its annual oil-and-gas summit as it pledges to increase energy output even as global prices have fallen

Subscribe to enjoy similar stories. Pollsters expect the US presidential election of 5 November to be unpredictable, almost tied, a reading that is well within the polling margin of error, both nationwide and in the country’s seven crucial swing states. However, what does a tied race really mean? Interestingly, Donald Trump addressed a rally in New York City’s Madison Square Garden around a week prior to the election.

Subscribe to enjoy similar stories. Political risk—the notion that an election might have a meaningful impact on financial markets—used to be something that was the concern of emerging-market investors. Those in rich countries paid attention to central bankers, rather than politicians.

«We will get to know in the next few days how it goes, that typically means higher yields and stronger dollar, which is against what the market had factored in. But the underlying reason is that our valuations were rich and earnings are not supporting it, that is causing and compounding the problem,» says Gurmeet Chadha, Complete Circle Consultants. There are geopolitical events, there are elections in US, US markets are holding on, Asian markets are holding on, but India is reacting to what could happen to American elections. So, why are we pre-empting and reacting to every event in the world? Gurmeet Chadha: It has been a combination of two-three factors. I agree it has largely been FII sell-off, I mean, probably a record number in October. Never personally seen every single trading session, FII selling and that has been compounded by two things. One, the earnings and the monthly updates we get on different sectors, including auto and high-frequency sectors, which indicate economic momentum, have been a little underwhelming.

Jammu and Kashmir Lieutenant Governor Manoj Sinha on Monday said the high voter turnout in the assembly polls reflected the enduring faith of the people in the democratic process, but the aspiration for the return to statehood remains strong. In his maiden address to the first-ever legislative assembly of the Union territory of J-K, he said, «we gather here after the successful culmination of elections after a decade». Sinha said the high turnout particularly in regions that traditionally could not participate fully because of separatist sentiments was very encouraging. The LG, however, said the aspiration for the return to statehood in J-K remains strong.

US presidential election in memory.If elected, Harris would make history as the first female president in the United States 248-year history, as well as the first Black woman and person of South Asian descent, to hold the office. While Harris and her campaign have downplayed the focus on gender and race to avoid alienating potential supporters, the historical significance of her win would be profound.Republican Trump is confident of a “landslide" victory as he seeks a dramatic return to the White House, while Democrat Harris claims that "momentum" is on her side in her bid to become America's first female president.On the other hand, a Trump victory would mark a different kind of historical milestone.

cryptocurrency market showed mixed trends on Monday as investors prepared for key events—the US presidential election and an anticipated Federal Reserve rate cut, both of which could significantly impact crypto markets. Major tokens like Bitcoin, Ethereum, Dogecoin, Tron, and Toncoin saw gains, while others such as BNB, Cardano, Shiba Inu, Chainlink, Polkadot, Litecoin, Uniswap, and NEAR Protocol experienced losses of up to 3%.

Narendra Modi on Monday said that elections in Jharkhand are being conducted at a time when the entire country is moving forward with the resolve of becoming a «Viksit Bharat', adding that there is only one echo among the people of the State that „Roti, Beti, Maati ki pukar, Jharkhand mein BJP-NDA Sarkar.“ Addressing a rally in Garhwa in the State, PM Modi said that after the formation of a double-engine- government the development in the state will also take place at double the pace. »You formed the BJP-NDA government in the Centre at Delhi for the third consecutive time a few months ago. Now there are assembly elections in Jharkhand, we all have to come together and formed a double-engine government here under the leadership of BJP-NDA. I congratulate Jharkhand BJP for releasing a wonderful Sankalp Patra yesterday. Today I have come to seek your blessings. Today, there is only one echo everywhere in Jharkhand, Roti, Beti, Maati ki pukar, Jharkhand mein BJP-NDA Sarkar," the Prime Minister said.

Sensex has lost over 7,700 points in a matter of just 5 weeks or 25 trading sessions. After hitting a record high of 85,978 points on 27 September, Sensex fell for four consecutive weeks before consolidating in the Diwali week. Ahead of two key events — the US election and the Fed meeting — traders chose to opt for a risk-off mode on Monday when the Sensex fell nearly 1,500 points. Nifty fell about 2% to 23,800 — its lowest level since August 6.

Nilesh Shah, MD, Kotak AMC, says the returns we have seen in the last three and five years are unlikely to be repeated over the next three and five years. Last five years’ returns from Jan ‘20 to September ‘24 were about 21% for the broad market and about 30% plus for small and midcap. Those returns are unlikely to be repeated over the next three or five years. The returns could still be in the low double digits, if there is a fair possibility that India continues to deliver and our peers continue to score a self-goal. In the last couple of weeks, it has been local versus global. Globally, things are okay, locally, things are bad. Do you think this trend of local versus global will continue? Nilesh Shah: In some sense, local and global are two opposite sides of a coin and in some sense they are on the same side. If stock prices go up, both local and global investors benefit. But the driver for local and global investors could be different. Global investors have a much wider plate to invest into. Local investors, by definition, are constrained to invest in India. Global investors often come down or top down, though many of them have established offices in India.

Congress-JMM alliance as a «sinking ship», Bhartiya Janata party National Spokesperson CR Kesavan on Monday said that the alliance is headed for a disastrous defeat in the upcoming Jharkhand elections. Taking a dig at the opposition Congress-JMM allinace, Kesavan said that the people are fed up with the government's misgovernance. «The corrupt Congress-JMM government is a sinking ship which is headed for a disastrous defeat in the upcoming Assembly elections because of its blatant misrule. For the past 5 years in Jharkhand, this Congress-JMM caucus has been a fountainhead of anti-youth, anti-tribal, anti-Dalit and anti-people policies. Their misgovernance has been the worst nightmare for the people of Jharkhand. The people are fed up with this government and they have decided to get rid of this government in the upcoming Assembly elections,» BJP National Spokesperson CR Kesavan said while speaking to ANI.

Donald Trump's standing in prediction markets has declined significantly in the past week, while Kamala Harris has seen a surge in support. Prediction provider PredictIt now prices Harris's chance of winning at 54 cents, up from 42 cents a week ago. Trump's price has dropped to 51 cents from 60 cents on Tuesday. Kalshi shows Trump with a 51% chance of winning as of Sunday, down from 64.6% on Tuesday, while Harris's odds have increased to 49%, up from 35.4%.

PDP MLA Waheed Para on Monday moved a resolution in the Jammu and Kashmir Assembly opposing the abrogation of Article 370 and calling for the restoration of special status to the erstwhile state, leading to noisy scenes in the House. The Pulwama MLA moved the resolution immediately after veteran National Conference (NC) leader and seven-time MLA Abdul Rahim Rather was elected as the first speaker of the legislative assembly of the union territory of Jammu and Kashmir «Keeping the sentiments of the people of J&K in mind, this House opposes the revocation of the special status (of Jammu and Kashmir),» Para said as he moved the resolution. This drew protests from BJP MLAs, all 28 of whom stood up to oppose the move.