US markets decline after Obama wins US election
November 5th, 2008 - 11:31 pm ICT by IANS - Send to a friend:
New York, Nov 5 (DPA) Major US stock indices fell on opening Wednesday after the election of Democrat Barack Obama as the next president of the US.The blue-chip Dow Jones Industrial Average was down 1.4 percent at 1508 GMT, while the broader Standard & Poor’s 500 fell 1.19 per cent. The technology-heavy Nasdaq Composite Index dropped 1.23 per cent.
Obama celebrated a resounding victory over Republican John McCain Tuesday night after an election campaign that was dominated by concerns over the credit crisis and faltering US economy.
Wall Street stocks soared Tuesday in the largest presidential election day rally since 1984, with the Dow gaining more than 300 points.
Related Stories
- US markets decline after Obama’s victory (Lead) - November 6, 2008
- McCain predicts late-night win on Election Day - October 31, 2008
- In final campaign swing, McCain claims momentum - November 5, 2008
- Barack Obama wins US presidential election - November 5, 2008
- Obama reacted like a President during financial crisis: Clinton - October 31, 2008
- Obama has 50-44 percent lead over McCain - October 20, 2008
- Wall Street financial crisis gives Obama chance to fight back - September 17, 2008
- McCain, Obama criss-cross swing states - October 31, 2008
- Obama, McCain square off in debate amid economic crisis - October 8, 2008
- Obama takes 13-point lead over McCain - October 24, 2008
- McCain abandons his efforts to win Michigan - October 3, 2008
- Obama wins New Mexico, US networks project - November 5, 2008
- McCain facing a Republican mutiny - October 13, 2008
- McCain surpasses Obama in Gallup Tracking Poll for first time - August 27, 2008
- McCain wins Florida Republican primary - January 30, 2008
Categories
- World
Posted in World, |
