Stocks jump as Wall Street thinks tight U.S. election means gridlock

, a gauge for short-term volatility, hit a two-week low after spiking to a four-month high in the run-up to the election.

Despite the rally in stocks, the potential for political uncertainty also sent investors to U.S. Treasuries, sparking the biggest one-day drop in 10- and 30-year bond yields since June. Shares of U.S. banksThe S&P 500 posted 49 new 52-week highs and no new lows; the Nasdaq Composite recorded 112 new highs and 28 new lows.

Volume on U.S. exchanges was 10.39 billion shares, compared with the 9.09 billion average for the full session over the last 20 trading days.

So you are saying the RICH FOLKS are unhappy with the thought of a Biden/Harris win? FIGHT FOR EVEY SINGLE VOTE JOE AND KAMALA! When the “non-tax payers” are upset, AMERICA IS DOING SOMETHING RIGHT! BidenHarrisForTheWin

kuku27 Listen carefully, NYSE endorses the way market has responded. This is a good and healthy sign. Prosperity is around the corner, whimsical FIATs are no good, they hurt country and relations globally. It has now chance to bounce back and develop faster, except little corona

This is some dark shit

Idiotic. Stocks surged because traders thought Nancy would be able to push thru her $3 trillion+ spending bill to prop up the zombie market even further

Investors love a completely dysfunctional government. Let's people actually, you know, create.

Alternative title: 'Stocks surge when investors realize the government is inept and can't do anything about investors crimes'

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