Wall Street rallies again as stocks ride post-election wave

  • By cvbizz
  • November 5, 2020
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via wyff.com

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Stocks are still riding Wall Street’s post-election wave Thursday, as markets bet on the continuation of several business-friendly policies, and the S&P 500 is rallying 1.9% toward its biggest weekly jump since April.Markets are banking on Tuesday’s election leading to split control of Congress, which could mean low tax rates, lighter regulation on businesses and other policies that investors like to remain the status quo.

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