President-elect Joe Biden is likely to start his term faced with the worst public health crisis in decades and an economy still reeling from a sharp coronavirus-led contraction earlier this year.
U.S. stocks, however, have surged in recent days, fueled by ebbing election uncertainty and hopes that a vaccine against COVID-19 will eventually help to curb paralyzing lockdowns and travel restrictions and bring life back to normal.Here’s a look at how the markets have fared following previous presidential elections, as well as how stocks have performed in a new president’s first few months on the job.
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