In Marketing in the News, we heard about Donald Trump winning the presidential election. What did we hear was the reaction of Wall Street as of Wednesday morning?
a.
The market had been down when Hillary Clinton might have won, and dropped more with the Trump win.
b.
The market had been doing well when Hillary Clinton might have won, and rose significantly with the Trump win.
c.
The market seemed to be pretty much ignoring the election.
d.
The market initially dropped significantly with the Trump win, but recovered by midmorning.
e.
The market initially dropped significantly with the Trump win, and continued falling throughout Wednesday morning.
Answer: The market initially dropped significantly with the Trump win, but recovered by midmorning.