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Stocks reel from Trump win

ST Index tumbles 50 points and Dow futures plunge 700 points, but short covering limits local index's loss to 30.36 pts at the close
Thursday, November 10, 2016 - 05:50

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THE local stock market suffered a heavy blow on Wednesday as Donald Trump arguably unexpectedly won the US presidential election. Uncertainty over his future economic policies, his stance towards trade and immigration, among others, sent the Dow futures crashing 700 points and took more than 50

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