Bidens Rise Is News Street, Biden Criticises Trump S Lack Of Covid 19 Guidance As Cases Rise In Several States
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Bidens rise in polls is good news on wall street.
Lady running for president 2020. Us markets have surged this week. Dow surges more than 1100 points in its second biggest gain ever after bidens comeback diminished prospects of a sanders presidency. Wall street roared back to life wednesday after joe bidens.
Despite the narrow biden win and potentially long legal fight being viewed as a nightmare scenario by many americans wall street has already popped the champagne. Another sign that stimulus hopes waned. Wall street is betting on a defeat for president trump as big media and tech stocks rose on election day in anticipation of democratic nominee joe biden taking the white hou.
Government bond yields rose friday after signs that democratic candidate joe biden is taking the lead in the presidential election. The yield on the 10 year treasury note finished fridays. Companies in the index are more exposed to economic growth and were more likely than big tech stocks that dominate the nasdaq and sp 500 to benefit from a government spending package.
The russell 2000 index of smaller stocks lagged behind rising just 04. The stakes are especially high for wednesday nights vice presidential debate as the matchup between kamala harris and mike pence will play out amidst a backdrop of fast rising economic uncertainty and a warning from federal reserve chairman jerome powell that there is a shrinking window of time to prevent widespread financial ruin for ordinary americans. Yields fall as bond prices rise.
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Biden Team Readies Plan To Fight The Virus Now Surging At Record Levels The New York Times Lady Running For President 2020
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