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U.S. stocks turn mixed after Trump's win

Wednesday, November 09, 2016 - 01:21

Wall Street reacts to Republican Donald Trump's win in U.S. presidential election. Fred Katayama reports.

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Republican Donald Trump's election victory stunned investors on Wall Street, which was betting on a Hillary Clinton win. But the U.S. markets took it in stride in morning trading. Jonathan Corpina, senior managing partner at Meridian Equity Partners, says that mood reflects uncertainty. (SOUNDBITE) JONATHAN D. CORPINA, SENIOR MANAGING PARTNER, MERIDIAN EQUITY PARTNERS INC., (ENGLISH) SAYING: "I'm quite surprised. I've been watching the polls very closely, watching this whole process play out in front of us. All indications, whether they were polls or market reaction, were showing us that the market, and the voters, were accepting a Clinton election. So, I think, as we started to see the results overnight, as the evening played on, it became more and more of reality, but it was quite surprising." Corpina doesn't expect a big selloff. Some New Yorkers held out hope. (SOUNDBITE) ROBERT ROCCO, NEW YORK CITY RESIDENT, (ENGLISH) SAYING: "Quite frankly, I was not really in favor of Trump, but now, that I've heard his speech, after he won, I'm kind of very eager to see what he can do. I think that he will be much different as a president than what we heard during the various processes that we've gone through here." Trump's victory over his heavily favored rival Hillary Clinton ends eight years of Democratic control of the White House.

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U.S. stocks turn mixed after Trump's win

Wednesday, November 09, 2016 - 01:21