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Wall Street reels from Mamdani victory in New York mayoral primary

FT.com Wednesday, 25 June 2025 ()
Financiers plot to back a moderate after leftwing candidate clinches Democratic candidacy
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News video: Indian-origin socialist stuns America: Zohran Mamdani defeats Cuomo in New York City mayoral shocker

Indian-origin socialist stuns America: Zohran Mamdani defeats Cuomo in New York City mayoral shocker 03:15

 Indian-origin Democrat Zohran Mamdani has shocked the U.S. political establishment by defeating former New York Governor Andrew Cuomo in the NYC mayoral primary. Backed by the Democratic Socialists of America, Mamdani's victory marks a major moment for progressive politics and a deep shake-up within...

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