The Stock Exchanges in New York Opened Higher on Thursday
The stock exchanges in New York opened higher on Thursday.
In recent days, the indicators on Wall Street have already risen sharply despite uncertainty about who will be the next president of the United States.
Furthermore, investors are looking forward to the Federal Reserve’s interest rate decision coming later today. The chip sector is also in the spotlight after promising results from Qualcomm.
Shortly after the start, the Dow Jones index gained 1.4 percent at 28,271 points. The broad S&P 500 rose 1.7 percent to 3503 points, and the technology meter Nasdaq gained 2.1 percent to 12,041 points.
The elections in the US have still not been decided two days after the vote. Several central states are still counting, but Democratic presidential candidate Joe Biden appears to have the best chance of getting elected.
A decision may come on Thursday, although a victory for Biden will almost certainly be challenged by current President Donald Trump.