The election isn't over but Wall Street is already celebrating. Here's why

The world is still anxiously awaiting the outcome of the nail biter 2020 election, but Wall Street is already in full-blown celebration mode.

News: What you need to know about the markets     The election isn't over but Wall Street is already celebrating. Here's why The world is still anxiously awaiting the outcome of the nail biter 2020 election, but Wall Street is already in full-blown celebration mode. Read more »   Fed keeps interest rates near zero and warns of further pandemic strain on the economy The Federal Reserve left interest rates unchanged at ultra-low levels Thursday, and warned that the Covid-19 pandemic will continue weighing on the economy in the short term. Read more »   Stocks are on track for their best week since April as vote count wears on US stocks surged again in what's shaping up to be the market's best week in months. States are still counting election votes, but Wall Street is growing increasingly confident -- and excited -- the result will be a divided government. Read more »   Bitcoin surges above $15,000 and is closing in on record Bitcoin soared more than 7% Thursday and was trading above $15,000 — its highest level in nearly three years — as mainstream interest in the cryptocurrency builds and the US dollar weakens. Read more »   Alibaba stock slides despite strong earnings, as Ant Group IPO concerns linger Shares of Alibaba, the Chinese e-commerce giant, fell Wednesday on slowing sales growth and concerns about a delay in the initial public offering of financial tech firm Ant Group, one of its top investment holdings. Read more »   Another 751,000 Americans filed for unemployment benefits last week The election is yet to be decided, but for one thing is certain: the next President will have to deal with America's massive unemployment problem. Read more »

Dow Nasdaq S&P +542.52   +300.15   +67.01 28,390.18   11,890.93   3,510.45 +1.95%   +2.59%   +1.95% YTD -0.52%   YTD +32.52%   YTD +8.66%

Biggest Winners Albemarle Corp +12.92%   Parker-Hannifin Corp +9.64%   Perrigo Company PLC +9.49%   Citizens Financial Group Inc +8.20% Biggest Losers HanesBrands Inc -18.57%   Paycom Software Inc -6.08%   Pioneer Natural Resources Co -4.69%   Extra Space Storage Inc -2.94%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $38.50 -0.29 / -0.75% Gold $1,950.70 +3.90 / +0.20% 10-yr 0.78% +0.01 Euro $1.18 +0.01 / +0.84%

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