U.S. stock futures inched higher following the debate. At midnight, the Dow, S&P 500 and Nasdaq Composite registered modest gains after former President Donald Trump turned in a strong debate performance, while Biden lapsed.
Friday, a key inflation report, the PCE due at 8:30 am, is expected to influence the markets.
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During and after the debate between President Joe Biden and former President Donald Trumps, betting folk put their money on Trump, according to Predict It, which describes itself as a project of Victoria University of Wellington, established to facilitate research into the way markets forecast events.
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Billionaire hedge fund manager Bill Ackman, who has been an outspoken proponent of antisemitism following the October 7 attacks by Hamas on Israel, believes former President Donald Trump will “win in a landslide” according to a tweet after the Thursday night debate.
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The debate between President Joe Biden and former President Donald Trump kicked off with a blame game over which administration is responsible for America’s inflation crisis.
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