Home > As Americans Head To The Polls, The Stock Market Smiles

As Americans Head To The Polls, The Stock Market Smiles


US stock markets opened with optimism Tuesday, as tens of millions of Americans head to the polls to decide who will be the next US president. According to Markets Insider, analysts say the upward bounce was a reaction to the end of the uncertainty surrounding who will get the top job. Fundstrat's Tom Lee said in a note to clients on Tuesday that the result would rally stocks, regardless of who won. If Democratic nominee Joe Biden wins, Lee expects a 10% rally. A surprise win for President Donald Trump could jolt stocks 15% to 17% higher. Asset manager BlackRock says that from ending political gridlock to producing sorely needed stimulus packages, the outcome could trigger an upturn.

Added on the 03/11/2020 10:47:47 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • US Presidential candidates speak as Americans head to polls after divisive, bitter campaign

    As Americans head to the polls in what might be a historical 2020 Election Day, Presidential candidates Donald Trump and Joe Biden are still campaigning and trying to convince undecided voters to cast a ballot.

    03/11/2020 - France 24 EN
  • Americans head to the polls to elect 45th US president.

    Evelyne Joslain, Trump supporter and members of the Republicans overseas, joined us on the election night for the United States.

    11/11/2016 - France 24 EN
  • Spanish stock market drops 0.78% in opening session

    Madrid, Jan 22 (EFE), (Camera: EFE).- Spain's stock market dropped 0.78% in the opening session on Friday amid concerns over a spike in Covid-19 cases in the country. FOOTAGE OF MADRID STOCK EXCHANGE ON FRIDAY.

    22/01/2021 - EFE Inglés
  • South Korea stocks rise 1.49 percent to close above 3,000 points

    Seoul, Jan 21 (EFE/EPA).- The benchmark South Korea Composite Stock Price Index (KOSPI) rose 46.29 points, or 1.49 percent, to close at 3,160.84. (Camera: JEON HEON-KYUN)SHOT LIST: SOUTH KOREAN DEALERS WORKING AT THE HANA BANK IN SEOUL, SOUTH KORE.

    21/01/2021 - EFE Inglés
  • US Stocks Close At All-Time Highs Following Inauguration Of President Biden

    US stocks closed at record highs on Wednesday after President Joe Biden was sworn into office. Tech stocks drove the market following an optimistic earnings report from Netflix. According to Business Insider, the Netflix report sent shares soaring nearly 20%. Tech shares didn't stop with Netflix, Alphabet rose to an all-time high with a 6% surge. Alibaba climbed 7% after it's founder, Jack Ma, made an appearance in a videoconference. Ma had not been seen in public for months prior to the call. Gold rose 1.57% on the news of the 46th President's inauguration to $1,869.10 per ounce.

    21/01/2021 - Wochit

More videosBusiness

Watch video of The Post-Brexit Recovery Across European Markets Has Stalled With Major Share Indexes Mixed And Safe-haven Demand For Precious Metals Helping The Price Of Silver Surge To A Near-two Year High.  But,  As Sonia Legg Reports, Trading Volumes Were Light Becasue Of The July 4 Public Holiday In The United States. - European shares end post-Brexit rally - Label : Reuters EN -

European shares end post-Brexit rally

04/07/2016 15:56:29