Wall Street surges as Kerry concedes in tight White House race
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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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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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Investors sent stocks sharply higher Friday as new economic data showed strength in manufacturing and construction, and Wall Street greeted the departure of PeopleSoft Inc.'s chief executive by buying up technology shares. The Dow Jones industrials gained 100 points in morning trading.
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WASHINGTON, DC - The stock market got off to a quick start on news of President George W. Bush&#39;s victory, with the S&amp;P 500 and the Nasdaq on Wednesday morning both up by more than 1%.
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Stocks rallied Wednesday, with the Dow industrials and the S&P 500 closing at new all-time highs, as investors found momentum at the end of a tumultuous session on Wall Street.
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Despite its nervousness over the presidential election, Wall Street extended its rally Tuesday, pushing stocks higher as investors welcomed a drop in oil prices to the $50 per barrel level.
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Wall Street has shifted its  allegiance in the 2006 election cycle by donating more to  Democrats than Republicans who have been the investment banks'  usual benefactors, U.S. Federal Election Commission data show.
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Wall Street continued its post-election rally Thursday as oil prices dropped by more than $2 a barrel and President Bush outlined plans for a second term.
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Despite its nervousness over the presidential election, Wall Street extended its rally Tuesday, pushing stocks higher as investors welcomed a drop in oil prices past the $50 per barrel level.
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Blue chips fell on Tuesday in a sharp reversal that trimmed gains in other indexes as Internet sites suggested exit polls had Sen. John Kerry ahead of President Bush in key states in the US presidential election.
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EQUITIES surged worldwide yesterday as investors expressed relief that Senator John Kerry had conceded the US election to president George Bush.
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US stocks surged on Tuesday, as battered insurers rose on confidence a probe of the industry would end quickly, helping blue chips snap a 5-day streak of losses.
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Wall Street bounded higher for the second straight day yesterday as investors reveled in sharply falling oil prices and the probusiness agenda of the second Bush administration. The Dow Jones industrials gained more than 177 points for its best day of 2004, while the Standard &amp; Poor's 500 closed at its highest level since early 2002.
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The outcome -- or lack of it -- of Tuesday&#39;s US presidential contest will move stocks in the short term, but the election effect likely will wear off quickly
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THE US stock market rose sharply on news that Mr George Bush was re-elected. On Wall Street, the Dow Jones climbed 101.32 points, or 1.01 per cent, to close at 10,137.
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Leading Wall St shares surged overnight after a bounce in Pfizer&#39;s shares and an upgrade for Intel, sending the Dow to a three-and-a-half year high.
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Wall Street closed out another erratic week with a big gain yesterday after reassuring words from President Bush and the Federal Reserve chairman, Ben S. Bernanke.