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Democratic presidential candidate Hillary Clinton watch results come in during a state Democratic Party election watch party in Jackson, Miss., Tuesday, Nov. 8, 2016. (AP Photo/Rogelio V. Solis)

World markets react to Donald Trump's presidential victory



UPDATE: 3:15 a.m. 

The victory by Donald Trump spurred a sharp decline in U.S. stock futures and a broad flight to safety around the globe, according to the  Wall Street Journal early Wednesday morning. 

According to the paper, S&P 500 futures dropped by 5 percent. Meanwhile, Japan's Nikkei stock index was down 5 percent.

Original Story

As election results continue to roll in showing Republican presidential nominee Donald Trump fairing better than polls projected, markets have gone haywire. 

Futures for the Dow Jones industrial Average plunged nearly 750 points as Trump's initial lead of Clinton widened, according to Market Watch

"It seems like two days ago markets were convinced that Hillary Clinton won the election. She had been leading in the polls. We are seeing repricing in everything: stock futures, oil, currencies as markets are pricing in new risk," J.J. Kinahan, chief strategist at TD Ameritrade told Market Watch. 

Markets in Asia also opened sharply lower than normal, likely in response to the incoming election results. 

According to Business Insider, the Mexican peso was down by about 11.5 percent at 20.4199 per dollar around 10:30 p.m. 

During this election cycle, the Mexican peso has become a sort of gauge as to how the Republican nominee is doing. As Trump's odds of winning the presidential election have increased, the value of the peso has declined. 

The markets aren't the only thing crashing in response to the results. 

At one point, Canada's immigration website went down as well. 

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