Trump, Clinton: Stock Market Pauses With Abedin-Weiner Revelations, Increased Uncertainty Surrounding Presidential Race

Scott Hough - Author
By

Nov. 2 2016, Updated 10:51 a.m. ET

On October 21, the Inquisitr reported on spikes being observed in the prices of the shares of high-growth technology companies like Facebook, Inc. (NASDAQ: FB), Netflix, Inc. (NASDAQ: NFLX), and PayPal Holdings, Inc. (NASDAQ: PYPL) with then-increased certainty that Democratic presidential nominee and former Secretary of State Hillary Clinton would be elected president.

As reported by Real Clear Politics, Clinton had a solid 6.2 percent lead in national averages on Octobers 21, which has now dwindled to just 2.2 percent. Currently, Clinton leads Trump, 47.5 to 45.3 in poll averages, but among one of the most recent polls, by L.A. Times/USC Tracking, Donald Trump is seen leading Hillary Clinton by 4 percent. A second recent poll, by IBD/TIPP Tracking, has the Democrat leading by 1 percent.

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Fortune has reported that a Hillary Clinton presidency could cause the stock market, measured by the Standard & Poor’s 500 Index (^GSPC), to rise 4 percent. The same article sees a November 8 Donald Trump win sending the S&P 500 skidding by 7 percent.

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