S&P 500 Futures Rise in First Trading Since Biden Captured Vote

(Bloomberg) — U.S. equities resumed last week’s upward march, advancing as traders pressed bets that President-Elect Joe Biden will bring steadier stewardship of the American economy.Bulls picked up where they left off in the best week for U.S. share indexes since April, undaunted by some of the highest equity valuations in two decades and the resurgent coronavirus. Up four of the last five days, the S&P 500 sits 2% away from the record it set at the start of September.Contracts on the S&P 500 were up 1.5% as of 08:20 a.m. in London. The underlying index rallied 7.3% last week …read more

Source:: Yahoo Finance

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