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The Dow Jones was the biggest mover, climbing nearly 80 points as the stocks that led the post-election Trump rally showed flickers of excitement ahead of Obama passing the reins to his obnoxious successor. The FTSE, on the other hand, spent the afternoon dipping under 7200 despite the pound shedding 0.1% against the dollar and 0.3% against the euro, while the DAX rose by around 25 points.

It will be interesting to see how the US markets perform as the day goes on. They weren’t too pleased with Trump’s first press conference since winning the election last week; it was bereft of any substantial policy detail and continued the childish tone that has come to define his Twitter handle. A similar showing in the inaugural speech this evening – especially if Trump fails to display a reassuringly presidential tone that, honestly, seems beyond his grasp – could leave investors displeased once again.

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Connor Campbell

Connor Campbell

Connor joined Spreadex in 2014 as part of a newly expanded financial analyst team after graduating from the University of Southampton with an MA in English. His focus is on providing Spreadex's customers with up-to-date and informative news, and is responsible for the market analysis found on the Spreadex website.

Connor produces three daily market updates, a daily stock earnings preview, a weekly financial market preview piece every Friday, a round-up of all the big financial stories making the weekend press every Monday morning and regular stock market features.

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