Markets saw Britain’s Conservative Party victory as a positive
Prime Minister David Cameron won reelection in Great Britain today, leading the Conservative Party to a majority in the Parliament. News that the Conservatives won 331 of the 650 seats was received well by markets that saw the election results as a sign of greater stability.

The British pound rose against the dollar sharply after news of Cameron’s reelection reached the market. The pound was at 1.5458 to the dollar at 1p.m. EST, rising over 1% from 1.5247 to the dollar on Thurs...

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