The rally came even as Mayor Bill de Blasio said the city is “dangerously close” to a second wave of the coronavirus.
The most immediate concern would be a delay in delivering more pandemic aid.
President Trump’s positive Covid-19 test might help grease the skids for a fresh stimulus package.
Conversations with clients have begun to slowly shift toward what a Democratic sweep may mean, one analyst said.
The firm boosted its election probabilities for a Biden win to 55%, with a 50% chance of Democrats taking the Senate.
“The return of consumer spending in the U.S. should not be underestimated,” the Wells Fargo analyst said.
His specific policies are being more closely analyzed now that he's perceived to be the primary winner.
Bottom line: The markets don’t expect a Sanders presidency.
There’s a long way to go from Iowa to a wealth tax, according to JPMorgan.
A new study indicates teenagers are rejecting alcohol and cigarettes.
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