"Markets Plunge Worldwide As Trump Surges To The White House"

"Global financial markets convulsed Tuesday night as Donald Trump was projected to claim victory in the race for the White House after a polarizing campaign that investors had largely bet against.

On Wall Street, all three major stock indices were down 4 percent or more late Tuesday evening in pre-market trading, with futures for the Dow Jones industrial average sliding more than 700 points at one point before paring those losses in the minutes before the results were clear. Futures trading was temporarily halted for the Standard & Poor's 500-stock index amid a 5 percent loss.

The Mexican peso -- which has fallen as the Republican nominee rose in the polls during his campaign -- nosedived to an eight-year low, according to Bloomberg. The panic stretched all the way to Asia, where Japan’s Nikkei index plunged more than 900 points, or 5.4 percent, early Wednesday morning. In a flight to safety, gold charged higher. U.S. Treasuries and the yen also surged."

Ylan Q. Mui and Simon Denyer report for the Washington Post November 8, 2016.

Source: Wash Post, 11/09/2016