The response was immediate: Mr. Trump’s victory roiled global financial markets. Wall Street futures fell as much as 5 percent, indicating that a sell-off looms when American markets open. Advertisement Continue reading the main storyJapanese economic officials even convened an emergency meeting in response to the swings in financial markets. Mr. Trump’s victory has been compared with Britain’s vote to leave the European Union, but this could reverberate further. As we have mentioned before, the plunge in markets was expected, but the long-term effects are harder to determine because it is unclear how Mr. Trump will lead.

Source: International New York Times November 09, 2016 11:02 UTC