Investors dig in for a long night after indecisive initial US election results

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Investors' hopes for a decisive early read on the U.S. election were dampened after mixed initial voting results on Tuesday night, which also ...

Investors' hopes for a decisive early read on the U.S. election were dampened after mixed initial voting results on Tuesday night, which also raised doubts about an easy route to a massive fiscal stimulus package.

Republican President Donald Trump was narrowly leading Democratic rival Joe Biden in the vital battleground state of Florida. Other competitive swing states that will help decide the election outcome, such as Georgia and North Carolina, remained up in the air."Right now, the early indications is this is closer than expected, and we may not have clarity by the end of tonight," said Keith Lerner, chief market strategist at Truist/SunTrust Advisory in Atlanta.

Republican Senator Cory Gardner was defeated in Colorado, giving the Democrats their first victory in a dozen hotly contested Republican-held Senate seats.

 

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