WASHINGTON (Reuters) - Corporate bond market spreads tightened slightly on Wednesday after Donald Trump's presidential election victory, as the market weighs the pros and cons of his return to the White House. The former president's victory in several highly contested states pushed him over the 270 Electoral College votes needed to win the presidency. As of Wednesday afternoon, Republican Trump...

* High-grade and junk bond spreads tighten slightly post-election * Investors expect pro-growth policies, including tax cuts and higher spending * Some investors see Trump's trade policy potentially affecting future rate cuts By Matt Tracy WASHINGTON, Nov 6 (Reuters) - Corporate bond market spreads tightened slightly on Wednesday after Donald Trump's presidential election victory, as the market weighs the pros...

02:31 PM EST, 11/06/2024 (MT Newswires) -- Zoomcar Holdings ( ZCAR ) said Wednesday that it priced a private placement with certain institutional investors for expected gross proceeds of about $9.2 million. Shares slumped 49%, with intraday trading volume at over 1.1 million compared with a daily average of about 640,000. Tango Therapeutics ( TNGX ) shares fell 41% amid...

02:00 PM EST, 11/06/2024 (MT Newswires) -- (Updates prices.) Gold traded sharply lower midafternoon on Wednesday as the dollar and treasury yields surged following a U.S. election that returned Donald Trump to the presidency. Gold for December delivery was last seen down US$72.50 to US$2,677.20 per ounce. The drop comes as commodities were broadly lower after Donald Trump defeated Democratic...