Harris gets post-DNC bump on PredictIt in tight race
Indexes rally, but gyrating; Nasdaq out front, now up ~0.9%
Real Est leads S&P 500 sector gainers; Staples sole loser
Dollar down; gold up ~1%; bitcoin up >1.5%; crude up >2%
U.S. 10-Year Treasury yield falls to ~3.82%
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HARRIS GETS POST-DNC BUMP ON PREDICTIT IN TIGHT RACE
Vice President Kamala Harris' odds of winning the November U.S presidential election have edged higher on PredictIt following her speech at the end of the Democratic National Convention on Thursday, but she remains in a neck-and-neck race with former President Donald Trump.
With 11 weeks left in the contest for the White House, contracts for a Harris victory are trading at 55 cents, up 2 cents from Thursday, with a potential $1 payout, on the PredictIt politics betting platform.
Trump contracts are at 48 cents, down 1 cent from Thursday and down from as much as 69 cents in mid-July. Harris contracts peaked at 59 cents on Aug. 11.
Oddschecker.com, which aggregates data from several betting platforms, has Trump and Harris essentially tied.
Polymarket, a decentralized predictions market, gives Trump a 51% probability and Harris a 48% chance.
Harris sealed the Democratic presidential nomination with a speech, laying down her foreign policy principles.
(Noel Randewich)
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PredictIt https://tmsnrt.rs/4dWM03k
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