The 2 Surprising Stock Market Losers After Election Day
The stock market moved sharply higher on Wednesday, reacting to the slow trickle of news about the U.S. presidential election. As of the market close on Wednesday afternoon, there had not yet been any definitive announcement of a winner for the White House. It appeared likely that results from every state would be necessary to prove the election's outcome, and that could mean several days of waiting as different jurisdictions go through their own local processes and procedures. Nevertheless, the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) were up between 1% and 4% on the day.
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Source Fool.com
