"Wall Street" is etched on a building across the street from the New York Stock Exchange in September. Stocks are rallying as voters head to the polls Tuesday."Wall Street" is etched on a building across the street from the New York Stock Exchange in September. Stocks are rallying as voters head to the polls Tuesday.
Former Vice President Joe Biden was leading in most polls ahead of Tuesday's election, while Democrats are considered to have a competitive chance to retake the Senate, though the outcome for both is far from certain. Investors typically dislike unified control of government, especially by Democrats, who have pushed for stronger regulation and higher taxes for the wealthy.
"If we elect a divided government, the recovery is likely to proceed at a moderate pace. If one party sweeps, then we may get a more significant fiscal response, driven either by tax cuts or spending increases," said Steven Lipper, senior investment strategist at Royce Investment Partners.Financial stocks such as Goldman Sachs and Citigroup were higher, as were airlines and energy shares, which have been hit especially hard by the pandemic.
No. Investors want Trump to win.
Hey RambleSiris
🤞🙏💙💙💙🇺🇸💙💙💙
There is one way to vote in 2020. Get DEMOCRATS out of office.
Party at WH All invited...Beer, strippers, powder ...all on me...Donald Trump aka Chump...because I'm rich ...baby....and I won...maybe...either way if I lose it'll be the most beautiful ever...nobody ever lost like this...but I'm not against sleepy Joe (Ur not invited by way)
who cares about stocks. crash Wall Street and magnetize all the hard drives