Risk assets defy US riots

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Investors and traders were cautiously awaiting the market reaction to the violent protests in the US, as clashes between protesters and police spread out across American cities following the killing of George Floyd at the hands of Minneapolis police.

US stocks futures indices initially declined at the open with the Dow Jones Industrial Average falling more than 200 points, but it did not take long to recover with all major indices back into positive territory.

While riots and violent protests may harm economic activity, especially given that many states have just begun unlocking their… Read More:

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