Harris-Trump Debate Shakes Up Markets: An Analysis

The first debate between Republican Donald Trump and Democratic Vice President Kamala Harris saw fluctuations in U.S. stock futures and the dollar. Analysts noted Harris' stronger performance, with market odds shifting in her favor. The debate provided few specifics, leaving markets uncertain about future policies.

U.S. stock futures experienced slight declines and the dollar dipped in early Asian trading on Wednesday following the first debate between Republican Donald Trump and Democratic Vice President Kamala Harris. Analysts observed a stronger performance by Harris, which was reflected in online prediction markets.

The S&P 500 E-minis decreased by 0.5% and Nasdaq 100 E-minis by 0.65%, while the dollar index, a measure of the U.S. currency's strength against six major peers, fell by 0.23%.

Analysts indicated that neither candidate made solid economic points, resulting in continued market uncertainty. The debate, lacking in specifics, did not provide the market with clear guidance on future policies, leading to a tight race in prediction markets.

(With inputs from agencies.)