NASHVILLE, Tenn. (WMOT) -- Nissan, VW, General Motors, FedEx, HCA, International Paper…Tennessee’s largest employers could be hit hard Wednesday by market panic when the nation’s stock exchanges open.
Reuters reports Dow Jones Industrial Average futures plunged 800 points overnight before trading was suspended.
Middle Tennessee State Economist Murat Arik says markets will react to the uncertainty Donald Trump represents.
What’s going to happen to all the established agreements, from NAFTA to the newer ones. It’s all those things creating some sort of uncertainty.”
Arik says the good news is that the markets will eventually adjust to the new reality.