The markets have been in a panic since Donald Trump's odds of winning the presidency skyrocketed over the course of Tuesday evening. Dow futures nosedived 800 points and S&P 500 futures plummeted more than 5 percent before midnight. The plunge in Nasdaq and S&P 500 futures triggered a halt until the market opens Wednesday because they've fallen to limit-down levels.
"Right now, the markets are heading for the hills, but we'll see," Robert Tipp, chief investment strategist, global bonds and foreign exchange at Prudential Fixed Income, told CNBC. "That's a function of fear as much as fact."
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