MANILA -- Philippine stocks tumbled on Tuesday after election results showed Ferdinand Marcos Jr. poised to become the country's next president and U.S. equities posted big declines.
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Philippine Stock Exchange in Manila on May 10. The benchmark Philippine Stock Exchange index opened nearly 2% lower, at 6,632.35, and fell by as much as 3% before paring losses. (Photo by Ken Kobayashi)
MANILA -- Philippine stocks tumbled on Tuesday after election results showed Ferdinand Marcos Jr. poised to become the country's next president and U.S. equities posted big declines.