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Wall Street rises but market braced for choppy week on eve of US election | Malay Mail

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NEW YORK, Nov 3 — The Dow and S&P closed higher yesterday with the Nasdaq posting slimmer gains on the eve of the US presidential election, as investors girded for what could be big market swings this week. Last week all three indexes notched their biggest weekly decline since March, and this...

Tuesday, 03 Nov 2020 07:15 AM MYT

Biden leads in national opinion polls, but races are tight in battleground states that could tip the election to Trump. Analysts said the outcome most likely to shake equity markets in the near term would be no clear winner on Tuesday night. “The longer this plays out over the course of the week, if it takes that long, the more volatility we could expect.”

Energy, materials and industrials enjoyed the sharpest percentage gains among major S&P sectors, climbing more than 2.7 per cent.

 

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