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Investors were encouraged by the latest vaccine progress and news that the transition of power in the U.S. will finally begin.
Analysts say the suspension reinforces the dominant role of the Chinese government in the private economy.
Major business groups have penned a letter urging Americans to be patient as votes are counted.
But there are theories about that …
The results from the election could remain uncertain for weeks. “And uncertainty is generally really bad for economy activity,” said Brookings’ Wendy Edelberg.
Quarterly earnings for big banks like Citigroup and JPMorgan Chase are beating expectations thanks to a soaring stock market.
Harris said a Biden administration would decriminalize marijuana and expunge the records of people convicted of marijuana-related offenses.
It comes after the first presidential debate and the uncertain fate of more coronavirus relief.
U.S. stock futures and Asian shares fell Friday after the president said he and first lady Melania Trump had tested positive.
The S&P 500 gained 8.5%, the Dow is up 7.5% and the Nasdaq is up 11% for the quarter.
