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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Author / Journalist: Piero Cingari

Category: Technology

Markets: United States

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 17:58:49 (2 weeks 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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