Business
Wall Street soars on US election uncertainty and fears of ‘purple rain’ deadlock – ABC News
US stocks have rallied despite uncertainty over the outcome of the US presidential election, with investors counting on no large legislative changes going ahead….
Wall Street’s main indices have jumped, with investors betting a close race to the White House could end with a stalemate in Congress that would reduce the chance of major policy changes.
Key points:
- The Dow Jones was up 1.3 per cent and the S&P 500 was up 2.2 per cent
- Tech stocks surged on hopes of no major law changes
- The Australian dollar was up 0.3 per cent to 71.8 US cents
Investors prepared for extended uncertainty as results from the US presidential election came back far closer than expected.
…
-
Noosa News22 hours agoGirl on scooter dies in Laidley, motorbike rider killed in Gatton
-
Noosa News18 hours agoLaidley e-scooter death: Tragic new details after Summah Richards killed in freak accident
-
Noosa News23 hours agoGirl killed in horror e-scooter crash in Laidley, Queensland
-
General22 hours agoBrisbane coach Michael Maguire backs Reece Walsh despite error handing Broncos defeat