Year in: US stock market under Trump’s shadow!

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FILE PHOTO: U.S. President Donald Trump delivers his speech at the National Assembly hall in Seoul, South Korea, Wednesday, Nov. 8, 2017. REUTERS/Lee Jin-man/Pool

One year ago, when it became clear that Republican Donald Trump had pulled a historic upset to defeat Democrat Hillary Clinton to the US presidency, futures in the Dow Jones Industrial Average tumbled nearly 900 points.

Ahead of the election, some market strategists found it difficult to plan financially for Trump’s possible presidency, in part because many of his proposals were seen as contradictory or lacking in detail.

However, at the close of trading of that session, Dow futures had reversed the drop to close up nearly 250 points, above 18,500.

Samira SALAH

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