U.S. stocks rally as investors brace for presidential election outcome

The Dow closed 425 points, or 1 per cent higher; the S&P 500 gained 1.2 per cent; and the tech-heavy Nasdaq climbed 1.4 per cent, all underscoring investor optimism as Americans cast their ballots.

As results begin to pour in, sectors of the market could react differently based on the leading candidate. A Harris lead could drive gains in green energy and manufacturing stocks, given expected pushes for infrastructure spending, clean energy and social programs. However, tech and finance may face greater regulatory scrutiny. Alead would favor energy, finance and industrial sectors, with investors anticipating continued tax cuts and a lenient regulatory stance, said Turnquist.

'Fat Leonard,' Navy contractor behind one of the U.S. military's biggest scandals, sentenced to 15 years Former U.S. President Donald Trump’s social media company was temporarily halted – twice – after a sudden and precipitous plunge on Election Day following a massive surge.Amazon CEO Andy Jassy said at an all-hands meeting on Tuesday that the plan to require employees to be in-office five days per week is not meant to force attrition or satisfy city leaders, as many employees have suggested.Dreaming of a beach vacation? My guess is you’re picturing a palm tree.

Auston Matthews has come face to face with his look-alike. On Thursday, the Maple Leafs star met seven-year-old Grayson Joseph, who went viral for dressing up as an Auston Matthews hockey card. The trial of a former Regina chiropractor who is facing multiple counts of sexual assault continued on Tuesday morning, with two witnesses taking the stand.Swift Current RCMP are on scene of a serious collision involving two vehicles on Highway 4 – about four kilometres south of the city.Erick Buhr fired lawyer, requested mistrial before being convicted of grandmother’s death

United States United States Latest News, United States United States Headlines

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

Stock market today: Wall Street opens lower as its recent rally cools some moreNEW YORK (AP) — Stocks are opening lower as more momentum comes out of Wall Street’s record-breaking rally. The S&P 500 was 0.3% lower early Wednesday. It’s coming off two small losses since setting an all-time high on Friday.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street reaches more records as banks rallyNEW YORK (AP) — U.S. stocks closed at more all-time highs as JPMorgan Chase, Wells Fargo and other big financial companies rallied following better-than-expected profit reports. The S&P 500 rose 0.
Source: SooToday - 🏆 8. / 85 Read more »