Messy US election delays imminent equity issuance

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Messy US election delays imminent equity issuance

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United States President Donald J. Trump and First lady Melania Trump depart after he made a statement to the nation as his supporters look on in the East Room of the White House in Washington, DC on Election Night, Wednesday, November 4, 2020. Credit: Chris Kleponis / Pool via CNP | Pool/ABACA/ABACA/PA Images

Equity markets awoke on Wednesday morning to an inconclusive US presidential election where there is no clear winner between US president Donald Trump and his challenger, former vice president Joe Biden. Equity capital markets are likely to remain shut for at least the next few days as they wait to find out who has won especially as vitriol between the candidates increases.

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