Potential Trump Victory Weighs on Wind Energy Shares -- Market Talk

Dow Jones11-06

0814 GMT - A potential Donald Trump presidency is weighing on the European renewable-energy sector. "The sector [was] already weakened by yesterday's Vestas figures, now Trump could deliver the final blow," a Frankfurt trader says. This is because investments in green energies are no longer likely to be a priority under Trump. Nordex shares slumped more than 4%, Vestas is trading 4% lower, and wind farm operator Orsted is down 3%. (michael.denzin@wsj.com)

(END) Dow Jones Newswires

November 06, 2024 03:14 ET (08:14 GMT)

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