Former President Donald Trump survived an assassination attempt in Pennsylvania. The shooting incident occurred at a rally for former Trump, which investors believe could increase his chances of reclaiming the White House.
Trump sustained a gunshot wound to the ear while the attacked was reportedly neutralized. Despite the severity of the event, he was seen raising his fist shortly after the attack.
His campaign has confirmed that he is in stable condition following the assassination attempt.
In response to the shooting incident, investors anticipate a rise in market activities betting on Trump’s victory in the upcoming week.
“From memory, Reagan went up 22 points in the polls after his assassination attempt. The election is likely to be a landslide. This probably reduces uncertainty,” Nick Ferres, Chief Investment Officer at Vantage Point Asset Management, told Reuters.
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