Global Stock Exchanges Smile at Biden Hypothesis at the White House

 Global Stock Exchanges Smile at Biden Hypothesis at the White House

The world stock markets rose Thursday the minute Democrat Joe Biden moved closer to the White House, even though the extremely close vote against Donald Trump was not definitively sealed.

Europe woke up in a good mood: Paris gained 1.08%, Frankfurt 1.26%, London 0.37% and Milan 1.47% shortly after the opening, at around 9.25am (8.25am GMT)

Shortly before, the Asian stock exchanges made significant gains at the close.

In Tokyo, the star Nikkei index rose by 1.73%, marking an annual high, and child first return beyond the symbolic mark of24 The expanded Topix index gained 1.39%.

In China, the Shanghai Composite Index gained 1.30% and the Shenzhen Composite Index gained 1.67%, while in Hong Kong, the Hang Seng Index jumped 3.25%.

Oil fell back: WTI’s New York barrel for delivery in December lost 0.84% to $38.82 and London’s Brent barrel for delivery in January lost 0.75% to $40.92.

Investors were accommodating the prospect of fragmented power in the United States over the next few years, between a Democrat-majority House of Representatives and a Republican-controlled Senate, potentially with a

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Redak staff

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