Wall Street executives fret as US presidential election is too close to call

While Republican President Donald Trump has handed the financial industry huge tax breaks and deregulatory wins, his first term has also been marked by volatility and unpredictability, particularly in international trade.

NEW YORK: Wall Street and financial industry executives urged caution overnight as no clear winner emerged in the hours after polls closed in the 2020 U.S. presidential election, threatening a drawn-out count that keeps markets and businesses hanging.

While Republican President Donald Trump has handed the financial industry huge tax breaks and deregulatory wins, his first term has also been marked by volatility and unpredictability, particularly in international trade.