Here Are The Stocks That Are Surging–And Tanking–As Blue Wave Hopes Fade

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Solar stocks and financials sank on Wednesday, while tech rallied.

Major stock indexes continued their bullish recovery week on Wednesday despite the ongoing uncertainty around who won Tuesday's presidential election; here are the stocks and sectors that are booming on the prospects of a Biden victory and a Republican-controlled Senate.... [+]The Dow Jones Industrial Average closed Wednesday up about 370 points, or 1.4%, while the S&P 500 added more than 2%, and the tech-heavy Nasdaq jumped nearly 4%.

In spite of the broader market rally, the S&P 500 Financials Index shed nearly 1% on Wednesday, as regional bank stocks like Huntington Bancshares tanked as much 10%, while giants like Goldman and JPMorgan were roughly flat and down about 3%, respectively. Solar stocks, which have been outperforming the market this year, also plummeted on Wednesday, with shares of SunPower and SunRun falling about 2% each, while First Solar sank nearly 9%.

Meanwhile, the Russell 2000 edged down 0.2% on Wednesday–an expectedly lackluster showing for a measure of small-cap stock performance that's been leaning on the prospects of small-business aid under a Democratic sweep, UBS noted over the weekend.Wall Street experts predicted a blue wave for months, as polls increasingly pointed to waning support for President Trump.

There’s No Election Clarity But The Stock Market Isn’t Panicking, Here’s What Investors Are Predicting

 

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who thought it was a good idea to still post this LOL

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Wake up from 🛌

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THIS ARTICLE DIDNT AGE WELL....

'Don't ask The LORD to take away the persecutions because it is a Privilege to suffer with CHRIST, and the persecutions are meant to sharpen you. Just as JESUS was persecuted, the church must also be persecuted. WednesdayMegaWord

Someone wrote this article and they will damned if they dont run it!

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