You’d think the opposite….
But the possibility of less chaos probably beats the money people have made on Donald Trump’s time in office….
Biden has the lead…
Trump is talking about lawyers….
Stock indexes pointed Thursday to a third straight day of gains for Wall Street as the U.S. presidential election inched closer to conclusion.
Moments after the opening bell, the Dow Jones industrial average was up nearly 400 points, or 1.5 percent, at 28,282. The S&P 500 index leaped 1.6 percent, to 3,499, and the tech-heavy Nasdaq rose nearly 1.8 percent, to 11,793, as investors flocked back to tech after recent sell-offs. The S&P and Nasdaq both notched their best post-election day performance on Wednesday.
Democratic nominee Joe Biden holds a 253 to 214 electoral-vote advantage over President Trump on Thursday, as vote counting continues in Alaska, Arizona, Georgia, Nevada, North Carolina and Pennsylvania.
“It seems that Wall Street might get unofficial results fairly soon,” Ed Moya, an analyst with OANDA, said in comments emailed to The Washington Post. “The contest is not over, and President Trump will not go down without a fight, but financial markets are confident to price in a Biden presidency along with a Republican-controlled Senate.”….