World markets react to U.S. presidential election

markets

(CNBC) – The markets are expected to react in a big way to last night’s election news.

Dow Jones Futures plummeted by over 750 points late tuesday night, as U.S. presidential election results showed Trump taking an early lead.

The plunge could even eclipse the Brexit shocker that rocked financial markets in June.

Dow Futures halted just after midnight and trading will restart when the markets open at 9:30 this morning.

Concerns surrounding the Trump victory are also causing stocks to drop around the world.

In Tokyo, the Nikkei dropped 919 points or 5.3 percent.

The market started the morning slightly higher on news that Hillary Clinton was looking strong.

Election news also sent currency traders fleeing from the Dollar to the Yen.

The Mexican peso plunged to its lowest-ever levels last night.

It weakened by more than 13 percent, breaking past 20 Pesos per Dollar, its biggest fall in at least 19 years.

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