US presidential contest takes centre stage on Wall St this week


SAN FRANCISCO: Who becomes the next US president will be a primary focus for Wall Street this week and beyond, starting today with the first debate between candidates Hillary Clinton and Donald Trump.

While the White House race has so far had little discernible effect on the market, that may soon change as polls show a tightening race. Clinton’s once-comfortable lead in opinion polls has evaporated, and with just over six weeks until Election Day, some investors see a toss-up contest creating volatility in certain sectors, including health insurers, drugmakers and industrials.

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Business , Wallstreet Week Ahead

   

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