Business

Wall Street set to open higher after Biden election victory

Dow Jones appreciated by 0.5%

Updated 5 years ago · Published on 09 Nov 2020 7:58AM

Wall Street set to open higher after Biden election victory
Wall Street was set to open higher Monday after the election of Joe Biden as the next president of the United States, with futures for the major New York Stock Exchange advancing on Sunday evening. — AFP pic, November 9, 2020

NEW YORK — Wall Street was set to open higher Monday after the election of Joe Biden as the next president of the United States, with futures for the major New York Stock Exchange advancing on Sunday evening.

At around 2315 GMT, futures contracts for December on the Dow Jones appreciated by 0.5%, on the Nasdaq by 0.6% and on the S&P 500 by 0.5%.

Futures contracts generally provide the direction that the financial markets take when trading opens. — AFP, November 9, 2020

Spotlight

Malaysia

Elderly man admits to hitting neighbour with iron rod

Malaysia

Body found at KLIA2 in tyre storage compartment of aircraft from Japan

Malaysia

Factory operator faces rape, unnatural sex charges involving polytechnic student

Malaysia

Ismail Sabri granted RM300k bail after pleading not guilty to asset declaration charge

By Alfian Z.M. Tahir

Malaysia

Sunway Lagoon ride halted as safety probe seeks to protect public - DOSH

Malaysia

Malaysia ready to deploy military expertise for Nepal flood relief, says Defence Minister

Malaysia

Violence in Thailand: Visitors drop by almost 50 per cent

By Ian McIntyre

You may be interested

Business

Moves in major US stock indices could spill into currency and gold markets

By Alfian Z.M. Tahir

Business

Oil falls for fourth day as Hormuz supply fears ease

Business

K8 Cargo: Company still in limbo, claims CEO

Business

Oil slides as Iran-Oman Hormuz talks raise hopes of easing tensions

Business

Asia-Pacific growth set to slow as tariffs, geopolitical risks raise economic pressure

Business

Robo.ai Inc announces appointment of new independent director

By Alfian Z.M. Tahir