Markets hit as 'wildcard' Trump triumphs over Clinton to become US President

Gold up as investors rotate into safe havens

Daniel Flynn
clock • 2 min read

Equity markets and the dollar have been hit as Republican Donald Trump beats Democratic candidate Hillary Clinton in the 2016 US Presidential Election.

Trump reached 276 electoral votes, with 270 needed to win the Presidency, with key support coming from victories in the swing states of Florida, Ohio, Iowa, and North Carolina. At the time of Trump's victory, Clinton had won 218 votes. As a result of Trump's victory, his running mate Mike Pence, 50th Governor of Indiana, will become the 48th Vice President of the United States. Meanwhile, the Republican party has won 234 out of the 435 seats in the lower Congress up for the vote, while the Democrats took just 178. This means the Republicans will once again maintain control of the H...

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