US stocks see major tech-led surge as investors digest election uncertainty | Markets Insider

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US stocks see major tech-led surge as investors digest election uncertainty

US stocks surged, even as the outcome of the US presidential election remained up in the air as of Wednesday morning.

Technology stocks led the move higher on as prospects of a Republican controlled Senate seemed likely, dimming the likelihood of an anti-trust break up of mega-cap tech.US stocks climbed on Wednesday, even as the outcome and uncertainty of the US presidential election remained up in the air. Overnight trading in the equity-futures market was volatile as chances of a Biden and Trump win seesawed back and forth as voting counts rolled in.

Technology stocks consistently outperformed overnight and on Wednesday morning. A divided government likely leads investors to believe that a potential anti-trust breakup of mega-cap tech companies is less likely than under a Democratic controlled government.

 

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The Western World is looking at you guys. The kind of voting pushed by the democrats States has been a very big error. The Lawyers will be the biggest winners. We the People we are the biggest losers.

this is terrible news

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