2020 US election: Wall Street rallies as Main Street reels

From aljazeera.com

A premature declaration of victory. Accusations of fraud. And cliffhanger vote counting that could stretch on for days. Welcome to the race for the most powerful office in the world’s largest economy. For now, Wall Street is shrugging off the uncertainty surrounding the United States presidential election. Stocks rallied on Wednesday as investors focused instead on the outcome that could really hit them in the wallet – a major shake-up of the US Senate. While the White House sets agendas on taxes and spending, it is Congress that ultimately controls the purse strings in America. Right now, Republicans dominate ... (full story)