US stocks extend post-election rally, Dow up 2%

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NEW YORK (AFP) - Wall Street stocks rose for a fourth straight session on Thursday (Nov 5) on continued positive momentum after the US election despite no closure yet to the presidential contest.. Read more at straitstimes.com.

NEW YORK - Wall Street stocks rose for a fourth straight session on Thursday on continued positive momentum after the US election despite no closure yet to the presidential contest.The broad-based S&P 500 also gained 2 per cent to 3,510.45, while the tech-rich Nasdaq Composite Index jumped 2.6 per cent to 11,890.93.

Briefing.com pointed to the continued gains as evidence of a"fear of missing out" in the wake of a seemingly sky-bound market.There were no major developments in the US presidential contest, with five states still undeclared amid the counting of mail-in and absentee votes.

 

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