market reaction: Will he be the demagogue from the campaign trail, who threatened to lock up his political opponents, punish the media, build border walls and start a global trade war Or is he capable of becoming a statesmanlike figure who leads in a more measured manner A more conciliatory tone by Trump in his acceptance speech helped soothe a violent market reaction, with U.S. stocks, including the S&P 500 index SPX, 0.20% and the Dow Jones Industrial Average DJIA, 1.17%rising, according to Market Watch. Stock index futures suffered a plunge Tuesday night and early Wednesday as it became clear an upset was in the works. This is very much a step into the unknown because we simply can t know what type of president Trump will be, wrote Paul Ashworth, chief U.S. economist at Capital Economics, in a note. See How to profit from Donald Trump victory The Republican nominee victory comes just a little more than four months after British voters opted to exit from the European Union, marking another stunning electoral upset built on a campaign that focused on opposition to immigration, trade deals and globalization in general. The U.S. yield curve, meanwhile, steepened sharply. Read Populist policies would hurt stocks and bonds alike It sparked a global equity selloff, with U.S. stocks, including the S&P 500 index SPX, 0.20% and the Dow Jones Industrial Average DJIA, 1.17%on track for a lower start.
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