U.S. stocks pare losses after Trump shock, Mexican peso falls

By Sinead Carew New York (Reuters) - U.S. stocks on Wednesday clawed back the losses suffered overnight as investors digested Donald Trump's surprise win in the U.S. presidential election, while the Mexican peso was battered. After sharp declines in U.S. stock futures and in Asian shares overnight as the election results became clear, many money managers had braced for sharp declines when Wall Street opened. Mexico's peso recovered some ground after falling to a record low.