08-11-2020 23:45 via uk.finance.yahoo.com

Stocks higher, dollar extends losses on Biden win

Wall Street stock futures started strong on Monday while the dollar extended its downward trend as risk assets got a boost on expectations of fewer regulatory changes and more monetary stimulus under U.S. president-elect Joe Biden.The Democratic candidate's victory at the U.S. Presidential election was largely priced in by markets, which had been trading with the view of a Biden presidency and a Republican-controlled U.S. Senate late last week."What appears to be divided government at this point
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