Even though a delayed election result was deemed the"nightmare scenario" before the vote, stocks have rallied every day this week. Investors are hoping Joe Biden will take the White House while Republicans will keep the Senate, and that such as combination will lead to more moderate policies including a quick stimulus deal but limited tax increases.Stocks rallied again on Thursday. The Dow jumped 2.2%, or some 600 points mid-morning, while the S&P 500 was up 2.3%.
The Labor Department reported that first-time claims for unemployment benefits declined, though by less than economists had hoped. Total initial claims, including for Pandemic Unemployment Assistance that provides aid for the self-employed and others, stood at 1.1 million. That level has been more or less flat over the past weeks.
Won’t see much of that in the next four years
Joe Biden is the next President of the United States of America Without a doubt, he is the best👍
They are getting ready for Biden's presidency.
Looks like businesses are happy to see the back of Trumps years of chaos
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The Market likes 'certainty' doesn't matter who wins, YET! Also normal for the Mrket to have dropped in October and picked up in November. Might drop in February Once a winner is declared then the Market will show its colors.
All of the recent Biden claimed States will be legally challenged by us for Voter Fraud and State Election Fraud. Plenty of proof - just check out the Media. WE WILL WIN! America First! Learn about US 2020 election security efforts 8:22 AM · Nov 5, 2020·Twitter for iPhone
Trump economy
Relief the Trump is on his way out. Yippee!!
Thanks to voters for Mighty Joe Biden.
Trump has us set up for the best 2021 regardless of who wins. Don’t panic America if Biden gets away with stealing the election.
Biden is winning, of course the US stocks are up.
They find out that trumps losing and the stocks go up. Isn't that ironic LMAO
Yes, because BidenHarrisToSaveAmerica
Thanks to Bidens victory
If AAL and WFC can go up $1 until it goes to shit. I would be sooooooo happy.
Stocks skyrocket on the prospect of replacing Trump with someone competent.
Fake news
That shit is going to crash when they name Biden president!!
So the Democrats have kept Covid-19 spreading in Democratic cities so they can scare the Elderly poll readers from wanting to volunteer counting votes ALL SO THEY CAN CHEAT YOU SCUM KILLED THOUSANDS SO YOU CAN STEAL THE VOTE
Oh now fakenewscnn wants to discuss the market. You'll always be fakenews to the people.
Even the Stocks know what's up
PattyArquette Thank God.
I guess the looming realization of Biden taking office is good for the economy, who would have thunk it?
And of course Trump's going to take credit for this 🙄
Even with the hope of trump being gone, things get better.
How can a Western country still have a mail-in voting system? A system very 'easy' to committing fraud. A case that needs to be very investigated is the one in Wisconsin. This system should be only for people displaced from their area of residence, or with health reasons.
es basura manejan a la gente a su antojo y los engañan son una porqueria
Trump will love that
Obviously, the stock market is happy that Joe Biden and historical VP Kamala Harris will be replacing Trump and Pence. Why not focus on that point or even Covid instead of the bs about Trump’s narrow path to victory? Call the race so we can move on.
Something to do with Biden being in front perhaps realDonaldTrump ?
Hope CNN goes to the trash with all their polls predictions. None of the polls results emitted were even close to what we see in the voting results. What a bunch of losers & mediocre journalism & unprofessional. CNN needs to close or reborn; yrs ago were ok now a bunch of clowns.
Counting votes wearing Biden gear is that legal anywhere?
CNN quietly moved Arizona back to toss up.
While Trump is losing the election...this is great!
You guys are so flipping bias, it’s disgusting. I once had a dream to be a journalist, went to college for it and tried it out on the field. I’m so glad I didn’t end up pursuing it more. You’re prob the reason Trump is doing so well. People are sick of your unfair reporting.
The talking heads are fond of saying, the one thing Wall Street hates is uncertainty. What could be more uncertain than the outcome of this week?
Congratulations, Positive signs for Biden
So we wait for the fall, when the votes are all in!
Just by the smelling of JoeBiden everything is becoming fantastically great...
Begannotvegan and you sold lmao
Even the stock market doesn’t support Trump 🤣🤣🤣
Stock market believes Biden will win
That’ll be the de toxification effect of Trump going
Joes is coming
Must be all this ‘certainty’. Eff wallstreet.
Interesring
AMERICA DO NOT FORGET: NO COURT,STATE,POLITICIAN or PERSON can ever ORDER TO STOP COUNTING UR VOTE(ur voice) In the United States of America! Democracy is what we stands for, votes and voice of ppl. U DON’T GIVE UP TILL ALL UR VOTES R COUNTED!
The market just wants stability. The smart guys know how to maneuver/gamble the money. That's why it went wild when Trump started. He gave them money and told them he was removing restrictions. They went wild just not for the businesses and workers. Hence, no trickle down.
BREAKING NEWS: The stock market likes stability and unity, it doesn't like disruption and chaos. WHO KNEW?!
Fol0w me&ama folow bck imidi8ly m onlin. Unda GEJ:Fuel ws ₦87;Nw ₦170 Bag of rice ws ₦8k;Nw ₦42k $1 ws ₦150;Nw ₦470 Lag-Abj airfare ws ₦10k;Nw ₦40k Tomato paste ws ₦40;Nw ₦150 BokoHaram ws devastatd;Nw dy ar rehabilitatd. Total foreign debt ws $11B ;Nw $34B &rising fast
Fol0w me&ama folow bck imidi8ly m onlin. Unda GEJ:Fuel ws ₦87;Nw ₦170 Bag of rice ws ₦8k;Nw ₦42k $1 ws ₦150;Nw ₦470 Lag-Abj airfare ws ₦10k;Nw ₦40k Tomato paste ws ₦40;Nw ₦150 BokoHaram ws devastatd;Nw dy ar rehabilitatd. Total foreign debt ws $11B ;Nw $34B &rising fast
Thats because the Repubs maintained the Senate. Hell yeah.
i’ve been watching your news cast for a few days on the election. I come to the conclusion that your garbage. You don’t give two sides you only care about your own narrativ. That makes you weak and not worth watching.
Trump is going to be re-elected for three reasons: 1) The Democrats cheated. 2) Trump's attorneys can prove it. 3) We have Justices on the Supreme Court who will rule fairly as these cases are litigated
I'm not sure, but I do not think Biden will win. The desperation to steal the election has gone too far and I think it will be exposed on a massive scale. Red pills incoming, fast.
People have voted! People are hoping our democracy will finally become “kind” again .. leading to a more stable economy!
Because of new president! President Biden! Sounds good!👌
If stocks are surging with Biden winning.... does that mean all of these money-hungry republicans are going to suddenly turn around and hope for a market crash?
Remember this old and lame stock market. When earnings were rising and we had reasonable multiples? When we had only 7% annual Performance and you really invested in companies? This was so boring!
The bottom line, the markets want 'stability' over any government policy including tax cuts !!
I bet Trump takes credit for the markets up.
Let’s fucking gooooooo!!!!!
But wait, projections show Biden winning. Wasn’t the market supposed to implode if he won? My 401K was supposed to be decimated? Seems the market is perfectly ok with a Biden presidency. So odd.
what is the final result please declare
PattyArquette Are you sure? I am still afraid to look!
PattyArquette It’s almost as if tRump is a non-factor.
Biden begins building back better already.
realDonaldTrump even the stock market world wide doesn't want you. Thank you.
Huh, wait a minute--didn't big D tell us the market would crash without him at the helm?
It’s time we once again have leadership in place who understands that the stock market /= the economy.
Because republicans held the senate and the senate won’t pass the tax increases from Biden.
Funny what happens when the stock market knows you're on your way out realDonaldTrump
It surging because they know Biden will be able to fix the economy and take care of the people
Salivating with idea of a globalist in the White House again. Honeymoon may be short tho
.
Amnesia trumpets, Obama and Biden were the ones to bring back the economy. trump was the one who spiral us into another recession. Stop Drinking the Kool Aid!!!!
PattyArquette Because they know Biden is winning
Yep, thanks to Trump. Why would anybody want to vote him out If Biden wins, it'll be from CHEATING.
realDonaldTrump -you do realize it’s because you’re going to lose, right?
How does any of this make sense!
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Is that Darth Vader!?!
Thank you Joe Biden
people do not get financial aid from the government! What do you want?
I wonder why....
To be fair, wall street gets excited if the president (any president) has a good BM.
Anticipation of trump’s departure!!!!
Everyone is getting excited about trump losing.
Hmmm, wonder why.
Because of Biden
Let's all hope that doesn't turn into a downward spiral
And Trumpie fooled his base into thinking it would crash when Biden wins
Did somebody say STONKS?
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