Wall Street Rallies On Election Day, Palantir Skyrockets, Bitcoin Tops $70,000: What's Driving Markets Tuesday?

Quick Summary:

National polls show a close contest, with the latest New York Times/Siena College poll indicating both candidates tied at 48% in the popular vote.The S&P 500 climbed 1.2%, while the tech-focused Nasdaq 100 surged 1.5%, marking its strongest one-day increase in nearly a month.

Wall Street rallied on Tuesday as improved investor sentiment aligned with millions of Americans casting their votes for the 47th president.

Betting markets leaned slightly toward Donald Trump, with CFTC-regulated Kalshi placing Trump's win probability at 56% compared to Kamala Harris's 44%.

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Article Details

Author / Journalist: Piero Cingari

Category: Technology

Markets: United States

Topics: NL0009538784 Markets TPG VRTX Macro Economic Events US2310211063 FIS CEG ETFs Equities SPY MAR US87612G1013 US31620M1062 PLTR $BTC US9884981013 AIG Politics Top Stories US0376123065 Large Cap NXPI XLE Commodities $DOGE US4523271090 IWM Economics XLU TRGP Broad U.S. Equity ETFs MPC XLY QQQ Cryptocurrency US4642876555 US78467X1090 PEG DIA 2024 election US92532F1003 Benzinga FANG US0268747849 US81369Y8865 Kamala Harris US78462F1030 Stories That Matter YUM EMR YUMC Donald Trump FOX US2910111044 Bonds US5719032022 ZTS US73935A1043 US81369Y5069 US81369Y4070 CMI APO Tech US7445731067 ILMN

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 17:58:49 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 328 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 23436386

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