Stocks jump on Election Day as investors eye outcome

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The story "Stocks jump on Election Day as investors eye outcome" was covered 2 weeks ago by The Star, a news publisher based in Malaysia.

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The Star 2w ago

Stocks jump on Election Day as investors eye outcome - The Star

Quick Summary:

US stocks closed sharply higher in a broad rally on Tuesday after data signaled a solid economy, but investors braced for volatile trading this week as voting was underway in an extremely tight US presidential election.

"The market continues to try and price for what is the outcome of this election," said Rob Haworth, senior investment strategist at US Bank Wealth Management in Seattle.

The Dow Jones Industrial Average rose 427.28 points, or 1.02%, to 42,221.88, the S&P 500 gained 70.07 points, or 1.23%, to 5,782.76 and the Nasdaq Composite gained 259.19 points, or 1.43%, to 18,439.17.