• 2 months ago
Traders adjust their positions as market sentiment shifts following a debate perceived as favorable to Kamala Harris over Donald Trump. Trump Media & Technology Group shares dropped 12% in premarket trading, while Bitcoin also retreated. A Bloomberg gauge of the dollar fell twenty basis points, reflecting a shift from the strong dollar often linked to Trump's policies. Betting odds have shifted in favor of Harris. Strategists caution against overinterpreting market movements due to the ongoing uncertainty and upcoming US consumer price data.
Transcript
00:00It's Benzinga and here's what's on the block.
00:03Traders are adjusting their positions as market sentiment shifts following a debate perceived
00:07as favorable to Kamala Harris over Donald Trump.
00:10Trump Media and Technology Group shares dropped 12% in pre-market trading while Bitcoin also
00:15retreated.
00:16A Bloomberg gauge of the dollar fell 20 basis points reflecting a shift from a strong dollar
00:20often linked to Trump's policies.
00:23Betting odds have shifted in favor of Harris.
00:26Traders caution against over-interpreting market movements due to the ongoing uncertainty
00:30in upcoming U.S. consumer price data.
00:32For all things money, visit Benzinga.com.

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