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Global Markets Close in Red Amid U.S. Election Uncertainty

Global markets closed in the red this weekend as investors grappled with the uncertainty surrounding the upcoming U.S. elections. The volatility across major indices reflected heightened concerns over potential shifts in U.S. economic policy, trade relations, and regulatory changes that could stem from the election outcome. In the United States, the Dow Jones Industrial Average and the S&P 500 both experienced significant declines, driven by fears of prolonged political gridlock and the potential for contested election results. The tech-heavy Nasdaq also saw a downturn, as investors reconsidered the sector’s resilience amid potential regulatory scrutiny. European markets mirrored this anxiety, with the FTSE 100, DAX, and CAC 40 all closing lower. European investors are particularly sensitive to the U.S. elections due to the potential impact on trade policies and transatlantic relations. The uncertainty has been exacerbated by mixed economic data and ongoing geopolitical tensions. A...