Morning Report 5 Nov 20: US sharemarkets rallied on Wednesday

Investors concluded that neither US presidential candidate would have a mandate to implement significant changes, including changes on taxes. Healthcare rose 4.5% with technology up 3.9%. At the close of trade, the Dow Jones index was higher by 368 points or 1.3% after being up 821 points. The S&P500 index was up by 2.2%. The Nasdaq index was up by 430 points or 3.9%.

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