, after Democrat Joe Biden defeated incumbent Republican President Donald Trump in the U.S. presidential election race, according to NBC News projections.
President-elect Biden secured victory on Saturday following projected wins in the key states of Pennsylvania and Nevada, according to NBC News projections. The call came four days after Election Day and amid close counts in several battleground states.the election. "The simple fact is this election is far from over," Trump said in a statement released just minutes after NBC projected that Biden had become president-elect.
Cases of the coronavirus continue to surge in the U.S., with daily infections reaching 128,412 on Saturday, according to data compiled by Johns Hopkins University. Loretta J.Mester, president of the Federal Reserve bank of Cleveland, is due to make a speech at 15:30 p.m. ET and Philadephia Fed President Patrick Harker is set to speak at 16:20 p.m. ET.
Auctions will be held on Monday for $54 billion worth of 13-week bills, $51 billion of 26-week bills and $54 billion of three-year notes.
Get headline correct. You are CNBC
With all the money he received from Wall St. I'm guessing he will relax some regulations in return
Didn’t CNBC spend the last few months telling us the president really didn’t matter for your investments?
Biden is a CROOK
World leaders can't wait to congratulate Biden. In their eyes he is a big push over. They're right.
“ Stocks rally on election outcome” , going to be CNBC headline for most of the week if stocks are up.
He did not win.
Republican senate win is boosting stocks. Not Biden.
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Trump Win : +ve buy stocks Biden Win : +ve buy stocks Third candidate win: +ve buy stocks Contested election: +ve buy stocks Divided govt: +ve buy stocks Civil unrest/war: +ve buy stocks 100 Mn Covid cases: +ve buy stocks 1 Bn Covid cases: +ve buy stocks Others: +ve buy stocks
Should be the opposite...is this the new normality?
Short-term, the election is good for the market. No major tax increases with a Republican controlled Senate. Long-term, the gridlock is likely to decrease the size of any stimulus and infrastructure programs, which will slow recovery.
Financial analysis these days. Any news ...... boosts stocks.
This might piss off Trump more than losing the election...which he did. Don’t me.
Biden did NOT win.
Lbj and ladygaga should buy stocks for Biden
nice