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Treasuries Jump As Bulls Run Wild At Wall Street

As the entire nation waits with abated breath for the next president to take his oath, the markets witnessed a bulls run as investors chose to transpose their portfolios. Read more @ https://bit.ly/2WHjAop

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Treasuries Jump As Bulls Run Wild At Wall Street

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  1. Treasuries Jump As Bulls Run Wild At Wall Street The markets witnessed a bulls runjust ahead of the US elections following last week’s rout at Wall Street. The shift happened due to investors transposing their portfolios the results of the US national elections’ results are awaited with abated breath. Treasuries and the dollar received a shot in the arm and US equity futures went up higher as initial tallies suggested the consequences of the American presidential elections than suggested by-polls. Key Highlights of Bulls Run Yields of Benchmark Treasury oscillated wildly – dipping once below 0.8% after surpassing 0.9% minutes earlier. On the other hand, the dollar progressed the maximum since June after recovering from the earlier losses. The index S&P 500 Futures kept oscillating between gains and losses before receiving a shot in the arm while the Nasdaq’s dip by 100 points prompted a brief

  2. halt in trading. The Mexican Peso and offshore Yuan recoiled and gold too fell. S&P 500 futures chart closed a little higher by 1.2 percent after having 5.6 percent the previous week in what was the index’s poorest weekly performance since March. Stocks that led the index to climb up a few levels were the industrials and materials sectors as investors’ stake these areas would profit from the increased infrastructure expenses as vowed by Biden, should he preside over the White House. The tech-savvy index Nasdaq that began the session more than 1 one percent higher, dropped to 0.4 percent gain for a single day. Industry experts are of the opinion that elections could lead to a blue-colored victory where Democrats will assume power over the two houses. They further state that if the Democrats form the new government, it implies that more regulations could be introduced especially for tech giants such as Google and Facebook. You can read the full content: https://www.businessupside.com/2020/11/04/treasuries-jump-as-bulls-run-wild-at-wall-street/ •••••••••••••••••••••••••• Business Upside Email ID: support@businessupside.com Phone No.: +1-425-605-0775 Visit Us: https://www.businessupside.com/ Stay Connected Via: https://www.facebook.com/businessupside https://www.youtube.com/channel/UCuSkeS5oU-B2tRIBDYntmaw https://twitter.com/BusinessUpside1

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