Thursday, November 5, 2020

Wall Street surges on Biden victory hopes as business bets on weakened change agenda

Wall Street has surged on rising bets that Joe Biden might scrape through to the White House but that his Democratic Party won't win control of the US Congress. 

Mr Biden's agenda of higher taxes, tighter regulation and tougher scrutiny of tech company power are likely to be blocked by a Republican-controlled Senate. 

ABC's Peter Ryan says global investors are grasping for any certainty




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