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.
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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