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Rabu, 09 November 2016

FINANCE INSIDER: There is one word on the lips of every Wall Streeter

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November 09, 2016

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.

Donald Trump won the US election in a dramatic upset that confounded the polls and sent markets reeling.

Volumes in the futures market surged. Markets then bounced back, as the world digested the news and Trump's conciliatory victory speech. VIX futures, or bets on the so-called Fear Index, subsided after jumping as the election results turned toward Trump.

And there is now one word is on the lips of just about every Wall Streeter: Volatility

Here are the headlines:

Here's what you need to know about the market reaction:

In non-election news, life is about to change for a whole bunch of Goldman Sachs employees. We'll be back later with some more news on that. In the meantime, check back here to get the latest on the day's news

 

SEE ALSO: 22 maps that explain America

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