Tuesday, November 3, 2020

Global Stocks Jump as Election Day Kicks Off

What you need to know heading into tonight's announcement…

Published: November 3, 2020

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Global Stocks Jump as Election Day Kicks Off

Global stocks and U.S. futures traded higher this morning ahead of today's U.S. presidential election. 


While Democrats and Republicans have been grappling with a fresh stimulus package since the $600-a-week extra unemployment benefits expired last July, investors are hopeful that victory by President Donald Trump's challenger, former Vice President Joe Biden, could result in more U.S. economic aid. 


But don't hold your breath, folks… 


In addition to tonight's results, investors and traders are also closely eyeing Thursday's U.S. Federal Reserve announcement concerning its latest ruling on interest rates. 


In today's video, I have more on whether manufacturing is picking up… the biggest report for the stock market this week… whether the Fed will raise interest rates soon… and who the market is pricing in as the new president of the U.S. 

Get today's market action

Global Stocks  Point Higher Following Positive Chinese Data



November 2, 2020

Global stock markets traded higher this morning after positive developments in Chinese and European manufacturing.

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Global Stocks Traded Lower as US Presidential Election Nears



October 30, 2020

Global stocks and U.S. futures traded lower this morning as everyone waits for the results of Tuesday's U.S. presidential election.

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