Markets React to Trump's Election Victory

Bloomberg Video

November 9 -- The bearish sentiment that engulfed European equities in recent weeks is being vindicated after results of the U.S. presidential election showed Donald Trump will govern the region’s biggest export market. That’s bad news for European companies that get most of their revenue from America, after they fell more than twice as much as those more dependent on the region in the past two months. The Stoxx Europe 600 Index lost 1.8 percent at 8:10 a.m. in London, led by declines in banks and automakers. The euro earlier rose as much as 2.5 percent against the dollar. Bloomberg's Caroline Hyde and Nejra Cehic report the latest market moves.