On Wall Street, the Dow Jones Industrial Average rose 1.95% and the S&P 500 gained 1.95%. The Nasdaq Composite added 2.59%, lifting the tech-heavy index to its highest close since early September when it peaked.
NEW YORK: The dollar slipped and global stock markets surged on Thursday as investors bet Republicans would be able to halt major policy changes under a Joe Biden presidency, while the Bank of England became the latest central bank to announce more stimulus.
With both Georgia U.S. Senate seats headed for possible runoff elections in January, the state could determine whether Republicans retain a majority in the Senate.
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