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Added on the 04/11/2020 13:00:00 - Copyright : EFE Inglés
Manila, Nov 5 (EFE/EPA).- The Philippine Stock Exchange (PSE) rose 180.72 points, or 2.80 percent Thursday to close at 6,6644.77 as a Democratic presidential candidate narrowly led President Trump in the US presidential election. (Camera: MARK CRISTINO).B-ROLL OF THE PHILIPPINE STOCK EXCHANGE IN TAGUIG, SOUTH OF MANILA, PHILIPPINES.
Manila, Nov 5 (EFE/EPA).- The Philippine Stock Exchange (PSE) rose 180.72 points, or 2.80 percent Thursday to close at 6,6644.77 as a Democratic presidential candidate narrowly led President Trump in the US presidential election. (Camera: MARK CRISTINO).B-ROLL OF THE PHILIPPINE STOCK EXCHANGE IN TAGUIG, SOUTH OF MANILA, PHILIPPINES.
On Tuesday, U.S. stock futures rose. Dow futures were up 207 points, or nearly 0.8%. The Dow closed Tuesday up 555 points, or 2.1%, higher, its best percentage gain since mid-July. S&P 500 futures climbed 0.7%. The S&P 500 closed 1.8% higher, its best day in a month. Nasdaq futures gained 0.5%. The Nasdaq Composite finished 1.9% higher — its best performance since mid-October. According to CNN investors are hoping for a second government stimulus.
On Tuesday, US stocks surged as investors eagerly awaited the results of Tuesday's presidential election. Business Insider reports that a decisive election winner would remove uncertainty from the market. A Wall Street strategist said a definite winner of the 2020 election would also spur investors to buy stocks. Stocks moved higher on broad participation from many sectors. Industrial, information technology, consumer discretionary, and financial sectors pushed the market higher.
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