Analysts said the gains came as markets focused on the benefits of the country's political control remaining split between Democrats and Republicans. Much of Wednesday's strength for Wall Street was due to big gains for technology stocks. Photo / Getty ImagesOther areas of the stock market, where profits are more dependent on the strength of the economy, lagged behind. Companies that make construction materials and could have benefited from a big infrastructure plan under a Democratic sweep were falling. All the swings are a bit reminiscent of four years earlier, when Trump surprised the market by winning the White House.

Source: New Zealand Herald November 04, 2020 21:00 UTC