US futures are currently in the negative territory, with the SMI index showing losses. Notable declines can be observed in stocks like Straumann, Alcon, and Sonova.
Analysts are predicting a significant increase in chocolate stocks, estimating a rise of 36 percent.
In currency trading, the dollar has strengthened by 0.2 percent against the yuan, reaching 7.2286, and has also gained 0.1 percent against the Swiss franc, now standing at 0.8815. On the other hand, the euro has experienced a slight dip of 0.1 percent against the dollar, currently at 1.0640, but has slightly risen to 0.9380 francs.
The decline in the euro is attributed to concerns over potential tariffs from the incoming Trump administration, which could lead to inflationary pressures and hinder the Federal Reserve's ability to lower interest rates.
With Donald Trump's Republican Party securing a majority in the US House of Representatives, it appears that the path for his political agenda is clearer. This Republican dominance in both chambers of Congress may facilitate the implementation of his legislative projects with reduced resistance from Democrats.