Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Steelrolled

Steelrolled's Journal

November 9, 2020

Happy Vaccine Day!

November 4, 2020

US stocks rise sharply as election results keep trickling in

Source: CNN

The stock market rally is still in full swing at midday. The Dow has now gained more than 700 points, or 2.7%. Phew.

The S&P 500 is up 3.2%, and the Nasdaq is still leading gains with 4.3%.

Experts' views are divided about why the market is shooting higher. Part of it might be that a delayed election outcome was already priced in, as well as continued odds in favor of a Joe Biden win in the betting markets.

Read more: https://www.cnn.com/business/live-news/stock-market-news-110420/index.html

After all that expert talk that the market abhors uncertainty.

Profile Information

Member since: Mon Apr 29, 2019, 08:15 PM
Number of posts: 2,022