Investors take comfort in Bush victory
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Long before the concession speech and the victory address Wednesday, Wall Street celebrated President Bush&#39;s re-election and the Republican Party&#39;s continued control of Congress with a rally.
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The stock market rallied at the opening bell yesterday as investors expressed relief that a clear election victor was in sight and that President Bush looked set to return to the White House for a second term.
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US stocks soared at the open on Wednesday as investors bet that George W. Bush would soon be declared the winner in the tight presidential race despite disputed results in the key state of Ohio.
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President Bush&#39;s victory in Tuesday&#39;s election is shaping up as a potential bonanza for Wall Street, where firms are salivating about the possibility that he will follow through on his pledge to allow private investment of Social Security funds.
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The market may have been relieved over the resolution of the presidential race, but investors should be careful about rushing into sectors they think might do well in the second Bush administration: All may not be as it seems.
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By Simon English, Malcolm Moore and Yvette Essen (Filed: 04/11/2004). Wall Street cheered the election victory of President George W Bush yesterday as investors bet lower taxes on profits would lead to a stock market boom.
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NEW YORK : Wall Street shares roared higher as investors reacted to news that President George W. Bush had secured a re-election victory after a tight race.
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Investors have spoken. Here's what they said.
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US stocks climbed while bonds fell and the dollar lost ground against the euro on Wednesday as Republican President Bush won re-election in a tight race.
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Stocks surged Wednesday, with the Dow Jones industrials posting a triple-digit gain moments after the opening bell, as investors expressed relief following the election and what&#39;s widely believed to be a victory for President Bush.
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US stocks advanced on Wednesday as President Bush won re-election, but slipped off the day&#39;s highs after a surge in the price of oil.
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NEW YORK - US stocks soared yesterday as world oil prices plummeted and as investors cheered the re-election of investor-friendly President George W Bush.
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Licking their wounds after stiff losses, jittery investors will be looking for relief next week in the form of reassurance that the U.S. economy will keep growing at a moderate pace.
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SINGAPORE, NOV 3: Investors grew confident on Wednesday that President George W Bush would win re-election, pushing up US stock futures and the dollar, after TV networks said he had won the key swing state of Ohio.
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August comps gave investors reason to celebrate.
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SINGAPORE : Asian stocks rose Wednesday on indications that US President George W. Bush, whose trade and business policies are seen as more market friendly in the region, will be re-elected.
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President George W. Bush's re-election sparked a broad stock rally, as Wall Street welcomed the decisive victory for the candidate seen as the most business-friendly.