World shares, US futures gain after last Trump-Biden debate

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World shares and U.S. futures have advanced after President Donald Trump and Democratic challenger Joe Biden faced off in their final debate before the Nov. 3 election as investors hope for another round of aid for the U.S. economy.

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 23, 2020. Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their second and final debate before the Nov. 3 election.

House Speaker Nancy Pelosi said progress was being made on talks to deliver more stimulus but it remains unclear if the Democrats and Republicans will manage to set aside their differences to provide help for businesses and millions of people who have lost their jobs during the coronavirus pandemic.Trump and his Democratic challenger Biden managed a more substantive exchange than during their first raucous clash several weeks ago. There were no major market-moving surprises.

European shares were lifted by strong corporate earnings reports that helped make up for weak manufacturing data. “The situation is not getting out of control yet, but alarm bells have started to ring for sure,” Aslam said. Pelosi, the House speaker, and Treasury Secretary Steven Mnuchin have been negotiating daily this week on another dose of stimulus for the economy.

The Dow Jones Industrial Average gained 0.5% to 28,363.66. The Nasdaq composite added 0.2% to 11,506.01. The Russell 2000 small-cap index climbed 1.7% to 1,630.25.

 

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Who gives a shit. Let the WJ put all that's fit to print for the 'other class' of citizens out there who don't actually have to work with their backs and brains to make a living.

MOST people don't have a single cent in the stock market.

Investors are smart people, and they now know President realDonaldTrump will be re-elected and his economic policies will continue to spur the economy and make life better for everyone. Trump2020

The media are always bad in explaining the markets when it involves cause and effect. They are always just assuming and guessing.

This really helps me in my daily life

The stock market is one big fraud, a house of cards.

Or it’s not aid but the very real prospect of re-election

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