Daily Report 04.11.2020
Објавено: 04. 11. 2020

Stocks rally on Election Day, with the Dow jumping more than 500 points; European markets close higher ahead of U.S. election; BNP Paribas up 6.7%; BELEX15 ends flat 
Stocks jumped on Tuesday as investors hoped a clear winner would emerge from the U.S. presidential election and a delayed, or contested, result would be avoided. The Dow Jones Industrial Average closed 554.98 points higher, or up 2.1%, at 27,480.03. The 30-stock average hit its high of the day in the session’s final minutes and briefly traded more than 700 points higher. The S&P 500 climbed 1.8% to 3,369.16 and the Nasdaq Composite advanced 1.9% to 11,160.57. It was the second-best Election Day performance for the S&P 500 on record. 
Investors are also eyeing the key Senate elections which will determine if the so-called blue wave will take over Congress. Major policy shifts, including further fiscal stimulus, depend on which party has majority control. 

Swedish cloud services provider Sinch jumped more than 11% to lead the Stoxx 600 after reporting a sharp spike in third-quarter profits. 
At the bottom of the European blue chip index, Danish pharmaceutical company Lundbeck fell more than 4% after missing earnings expectations. France’s BNP Paribas on Tuesday beat third-quarter profit expectations, sending shares of the country’s largest lender 6.7% higher. 

Serbian BELELX15 was nearly flat – it ended the day with minor 0.08% correction. The most active was Jedinstvo Sevojno, with RSD 3.7m, while its stock price was up 0.25%. Today we expect the latest financial numbers from NIS. 
Source: CNBC, Ilirika