BEIJING — Asian stock markets were mixed Friday after Wall Street rose amid protracted vote-counting following this week’s U.S. elections.
Markets are betting on control of the U.S. Congress being split between Republicans and Democrats, which could mean low taxes and light regulation that investors like stay in place. “I find it remarkable how relaxed these markets are under the circumstances,” said Craig Erlam of Oanda in a report. “Hopefully, the faith investors have shown is rewarded, because the last thing we need is an extremely messy conclusion to what has already been a hostile and divisive election.”The Shanghai Composite Index lost 0.5% to 3,302.02 while the Nikkei 225 in Tokyo gained 1.1% to 24,367.35. The Hang Seng in Hong Kong shed 0.3% to 25,617.47.
In the U.S. presidential election, challenger Joe Biden leads in the vote counting, 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.
Stock traders understand that what's bad for the Gangsters Of Putin is good for America.
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Global stock markets followed Wall Street higher on Friday amid protracted vote-counting following this week's U.S. elections. London and Frankfurt rose in early trading. Tokyo, Hong Kong and Sydney closed higher. Shanghai declined.
Might also be dropping because Australia closed its boarders.
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It takes days to fill out ballots for the dead and then count them. ...That is why it’s taking so long for these swing states to finish “counting” the votes.
Well US WALL street has been funding Biden campaign so naturally it would surge when they thought they could steal election as they poured money into funding the DA offices ect in key battlefield states. Then when they saw people were noticing fraud it fell.
The rate of votes that has being published by AP does not corresponds to the number of votes. In GA, the number of remaining ballots will be negative by using numbers you published.
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