Home US election: Trump campaign loses bid to halt ballot counting in Michigan
FXStreet News

US election: Trump campaign loses bid to halt ballot counting in Michigan

Trump campaign has lost the lawsuit seeking to halt vote-counting in Michigan, Reuters reported on Thursday, citing an oral order from Michigan Court of Claims Judge Cynthia Stephens. She further noted that a written ruling is likely to be issued on Friday.

According to the Associated Press, former Vice President Joe Biden has 50.6% and US President Donald Trump has 47.9% in the state of Michigan with 99% of votes tallied so far.

Market reaction

The S&P 500 Index (SPX) edged slightly higher on this headline and was last seen gaining 2.1% on the day at 3,515.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.