The US – and the world – was still reeling the day after the surprise victory of Donald Trump. The Federal Reserve was facing the possibility of a policy shake-up from Mr Trump, who has been critical of the central bank, but markets defied the panic that gripped them the night before, with the Dow climbing to a near all-time closing high.
Hillary Clinton struck a conciliatory note in her concession speech on Wednesday morning: “we owe him an open mind and the chance to lead”. It is likely that she will have won the popular vote by about 1-2 per cent when all the votes in California have been counted. Read more