Stocks notch biggest weekly gain since April

“Election Day is behind us, but corporate earnings can still improve with further stimulus, an end to COVID-19, and continued economic recovery,” Mark Haefele, chief investment officer at UBS Global Wealth Management, said in a note.

Joe Biden leads in vote counting for Tuesday’s U.S. presidential election, but President Donald Trump and his supporters are questioning the legitimacy of the totals with key states still counting ballots.Analysts warn that an extended court battle with no clear winner could increase uncertainty, which markets dislike, and drag down stocks.

The rally helped the 10-year Treasury yield claw back some of its recent slide. It had been above 0.90% earlier this week when expectations were rising that a Democratic sweep of Tuesday’s elections could open the door for a big stimulus effort for the economy.

F R A U D

Here come the headlines and propaganda from the left. I predict the new found power they believe they posses can continue to influence America. We are going to call you out every time.

The fear of effects of a Biden presidency on the economy is already making people cash out their stocks.

Russian disinformation

GlobalHolyVigil THE LORD is not begging for Repentance from this generation; HE is commanding everyone everywhere to repent or else go to hell.

HA! It will just start the drag of the next two years - corporations fearful of hiked taxes and finding ways to have fewer workers due to wage expenses. We’ll turn it around with mid terms!

''''''analysts''''''

realDonaldTrump the stock market is celebrating you losing!! 🎉

I'm just curious to see them after the election.

Hopefully the socialists don’t ruin this recovery

The winner is clear to everybody, but the political grifter class. BidenWon

The winner will be clear. Biden

Hope the rich lose everything.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks slide as Germany extends COVID-19 lockdown to mid-AprilEuropean stocks slid into the red on Tuesday as COVID-19 cases continue to weigh on markets, with Germany the latest country to take new lockdown measures to... Is it possible to find a good guy on Twitter? Great job Europe, looks like Trump and the US led the way again
Source: MarketWatch - 🏆 3. / 97 Read more »

These stocks reporting earnings in April are tactical trade candidates, Goldman saysNew for subscribers: These stocks reporting earnings in April are tactical trade candidates, Goldman says. Check out CNBCPro today. Pro thank you very much for your work Pro e- 🌡️ Cigar Pro Investors! There is only ONE the most important thing you need to know about StockMarket - WE ARE IN THE BIGGEST STOCKMARKET BUBBLE IN HISTORY!!! 200% Ratio of StockMarket CAP to GDP!!! SIGNIFICANTLY OVERVALUED!!! DON'T LOSE YOUR MONEY!!!
Source: CNBC - 🏆 12. / 72 Read more »

Stocks fall on Friday, but S&P 500 gains 5% in AprilThe major averages slipped on Friday as investors pored over a flurry of earnings results and a robust profit beat from e-commerce giant Amazon. The Dow was down 0.54%. The S&P 500 fell 0.72%. The Nasdaq was down 0.85%. Did we though? Or did we just look at the technicals and figure out the pin...
Source: CNBC - 🏆 12. / 72 Read more »

US stocks tumble as data shows inflation spiked higher than expected in AprilUS stocks fell Wednesday morning after data showed inflation measured by the Consumer Price Index rose 4.2% in April, the most since 2008. Many investors have seemingly moved to crypto, yet traders (day & swing) seem divided between options and futures. Every day is starting to look the same. Those that saw the massive gains in tech are taking profits.
Source: BusinessInsider - 🏆 729. / 51 Read more »