Wall Street on course for sharp gains as election hangs in balance
November 4, 2020Treasurys Keep Rising On Covid-19 Resurgence, Election Results — Market Talk
November 5, 2020The days ahead look “subject to volatility and wide gyrations as the votes are still being counted,” Spartan’s Peter Cardillo says, “in spite of the Nasdaq futures strong performance in the pre-market.” After their election day rally, markets turned volatile overnight as it became clear no presidential candidate could be called a winner yet. The political tension is increased by the prospect that “a possible contested election may be in the makings,” Cardillo says.