The Dow Jones Industrial Average and S&P 500 rose to all-time highs on Wednesday, with traders cheering the prospects of additional fiscal stimulus as results from the runoff elections in Georgia rolled in.
"I think there's an expectation ... that there's going to be a lot more spending," Jason Trennert, chairman of Strategas, said on CNBC's " "I don't know the future, but to me, the 'uncertainty' of the election is arguably a bigger overhang than the actual outcome," Lee said in a note to clients.
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