- Inconclusive mid-term results leave Wall Street unsettled, with Dow Jones down 1.95%, S&P 500 down 2.08%, NASDAQ down 2.48% and Japan Nikkei down 0.98%
- Sam Bankman-Fried’s crypto empire is hit by a liquidity crisis
- Futures markets suggest a weak start for UK and European trading with losses of up to half a percent indicated.
- Sterling is almost unchanged versus the dollar at $1.138 and the euro at €1.136
Steve Clayton, Head of Equity Funds, Hargreaves Lansdown:
“Wall Street took a bath last night as the US wrestled with the inconclusive mid-term election results whilst the world of cryptocurrencies was rocked by the apparent collapse of Sam Bankman-Freid’s business empire.
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