* Chinese banks sell dollars to cushion yuan's drop * Ukraine's dollar sovereign bonds rally * Mexican peso slumps to two-year low * Equities in India, Turkey jump as oil prices drop * MSCI EM stocks, FX index lose 0.6% each (Adds graphic, amends text to reflect Trump win) By Johann M Cherian Nov 6 (Reuters) - Emerging market currencies...

(Reuters) -Donald Trump's return as U.S. president for the second time on Wednesday boosted equity markets on bets of lower corporate tax, favorable tariffs and deregulation, lifting the shares of banks, locally focused small-cap companies and Trump Media ( DJT ). His promise to make Tesla CEO Elon Musk head of a government efficiency commission after the billionaire backed Trump...

08:20 AM EST, 11/06/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 2.3% and the actively traded Invesco QQQ Trust (QQQ) was 1.8% higher in Wednesday's premarket session, as investors digest election results making Donald Trump the 47th US president. US stock futures also rose, with S&P 500 Index futures...

08:11 AM EST, 11/06/2024 (MT Newswires) -- US equity futures were higher Wednesday after Donald Trump prevailed over Kamala Harris in the US presidential election. Dow Jones Industrial Average futures rose 3.2%, S&P 500 futures increased 2.3%, and Nasdaq futures were up 1.7%. Trump was elected the 47th US president after he secured at least 277 Electoral College votes, more...