October 14, 2004 | BloombergPresident George W. Bush's lead over Democratic challenger John Kerry narrowed in Internet futures trading following the third and final presidential debate. On the IOWA ELECTRONIC MARKETS, a non-profit betting system run by the University of Iowa, Bush's lead initially narrowed, then rebounded today. Bush had a 9.3 percentage-point advantage over Kerry on the Iowa market, up from 9.1 points on Oct. 12. At midday, Bush's lead was down to 8.1 percentage points. Bush contracts were priced at 54.3 and Kerry at 45. Two days ago, Bush futures were at 54.7 and Kerry at 45.6.
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