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US presidential election: despite the suspense, the financial markets have kept their cool

2020-11-04T20:47:40.485Z


Even if analysts and investors were betting on a clear Democratic victory, European markets and New York reacted well.


The unpredictable Donald Trump once again took the markets by surprise.

For several weeks, analysts and investors had been betting on a clear Democratic victory.

The ballot was particularly close and the fight fierce.

One thing is certain, however, the blue wave, synonymous with a bitter failure for the current tenant of the White House, announced by some, has not surged.

Once the torpor passed, the markets quickly regained their senses.

The European places, which had opened lower ended in the green.

In Paris, the CAC 40 gained 2.44%, while in New York, in session, the Dow Jones advanced 2.25% and the Nasdaq soared 3.5%.

Read also:

US elections: how the polls got it wrong

"

The essential stake for the markets was concentrated at the level of the Senate

", explains Didier Saint-Georges, member of the strategic investment committee of Carmignac.

However, the Senate, with an outgoing Republican majority, has not clearly changed.

For the markets, this means that the ambitious stimulus plan

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Source: lefigaro

All news articles on 2020-11-04

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