Positive Biden winds blowing in the stock markets In the USA, with the election of Joe Biden as president, there is a rise in the stock markets. While the MSCI All-Country World Index broke a record, the German DAX index rose 1.9 percent. In Asia, the Shanghai Composite Index rose 1.8 percent.
With Biden's definitive victory in the US Presidential Elections, the positive winds continue to blow in the markets.
The MSCI All-Country World Index rose 0.5%, breaking the intraday record with 595.98 points. Although Trump announced that he will be fighting a legal struggle in the USA, no change is expected in the election results anymore.
On the Paris Stock Exchange, the CAC 40 rose 1.6 percent in the morning, while the German DAX index increased 1.9 percent. In the London Stock Exchange, the FTSE 100 increased 1.3 percent.
Biden's victory in Asia, especially in China, was greeted with great joy. The Shanghai Composite Index rose 1.8 percent.