ANALYSIS-Wall Street worries tight U.S. election clouds pandemic fight, stimulus

Markets rose, with major U.S. stock indexes up 1.4% to 3.8% on Wednesday, short of the relief rally some had expected but well into positive territory. JPMorgan Chase & Co Chief Executive Jamie Dimon, (pic) one of Wall Street's emissaries, urged patience for the final results and said he had faith in the systems that will decide the outcome.

NEW YORK: With the U.S. presidential election result a nail-biter, bankers, traders and financial analysts on Wednesday said Wall Street was worried the ultimate presidential winner could struggle to work with a divided Congress to fight the coronavirus pandemic and pass a quick economic stimulus package.

They spoke to Reuters as several key states reported tight margins between Republican President Donald Trump and Democratic candidate Joe Biden. Though Biden has the lead, millions of votes still need to be counted.