Risk assets cheer Biden win, dollar nurses losses

Shares surged, oil prices jumped and the U.S. dollar remained weak on Monday as expectations of fewer regulatory reforms and more monetary stimulus under U.S. President-elect Joe Biden supported risk appetite.The Democratic candidate's election victory was already largely priced in by markets, which had been trading with the view of a Biden presidency and a Republican-controlled U.S. Senate since last week.E-mini futures for the S&P 500jumped more than 1.5% on Monday while Nasdaq futuresrall