Reported 20 days ago
U.S. stocks experienced a notable rally on Election Day, fueled by positive economic data and investor speculation as voting commenced in a fiercely contested presidential election. The Dow Jones, S&P 500, and Nasdaq all posted significant gains, while uncertainty lingered regarding the election's outcome, with the tight race between Donald Trump and Kamala Harris influencing market volatility. Economic indicators, including a slight rise in the non-manufacturing purchasing managers index, pointed to resilience in the economy, yet concerns about potential policy changes and a divided Congress remained on investors' minds.
Source: YAHOO