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Mixed views on Wall Street as poll results turn out as expected

Bears see gridlock hampering Trump's fiscal stimulus efforts; bulls expect pressure on him to reverse trade protectionism

Published Wed, Nov 7, 2018 · 09:50 PM

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    London

    THE big question facing global investors is how Wall Street will perform in the medium and long term, now that the mid-term elections are over.

    Stocks opened higher on Wednesday with the Dow Jones Industrial Average up 153.45 points, or 0.60 per cent, at 25,788.46. The S&P 500 rose by 18.68 points, or 0.68 percent, at 2,774.13. The Nasdaq Composite gained 70.13 points, or 0.95 per cent, to 7,446.09 at the opening bell.

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