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Donald Trump's surprise win in the U.S. presidential election has dominated headlines around the world today, and the advertising industry is no exception.
International stock prices took a deep dive immediately before and after the Associated Press called the race for Trump last night but generally recovered thanks to a boost in biotech and defense companies; healthcare stocks remain volatile.
Advertising executives were watching the news closely. Stock prices for Publicis Groupe, WPP and Omnicom all dropped sharply last night, though each has largely recovered.
The leaders of these companies urged caution following Trump's win.