S&P 500 lost 'about 10 per cent' over last 20 days
InvestSMART’s Evan Lucas says polls are suggesting swing states are moving towards Donald Trump, which is adding a level of anxiety into market expectations. “The S&P has lost about 10 per cent in the last 20 days,” Mr Lucas told Sky News. “Normally three months leading into a US election you do see equities tend to fall. “The other thing that is really starting to ramp up is the US Dollar starts to appreciate ... and it’s now at its highest level it’s been in almost four months.”
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InvestSMART’s Evan Lucas says polls are suggesting swing states are moving towards Donald Trump, which is adding a level of anxiety into market expectations. “The S&P has lost about 10 per cent in the last 20 days,” Mr Lucas told Sky News. “Normally three months leading into a US election you do see equities tend to fall. “The other thing that is really starting to ramp up is the US Dollar starts to appreciate ... and it’s now at its highest level it’s been in almost four months.”
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