Dear Chart of the Day Fan:
Here’s my chart for today. I’ll talk about it shortly after 3:30 p.m. Eastern (12:30 p.m. Pacific) on the Bloomberg Businessweek radio show. Also, I’ll present my Stock of the Day just after 4:05 p.m. (1:05 p.m.) on the radio and later on social media. You can hear me on Bloomberg Radio or see me at Bloomberg Global News on YouTube. Earlier charts are on my Tumblr page.
Thanks for your interest. It’s appreciated.
U.S. stocks’ moves as the presidential election played out last week largely tracked their performance during the four years in between votes. Technology stocks rose the most between Tuesday and Friday among the S&P 500 Index’s 11 main industry groups, according to data compiled by Bloomberg. They went into Election Day with the biggest gains since Donald Trump won the presidency in 2016. Energy was the only sector to decline for the four-day stretch, which was also the case for the four-year interval. Trump’s Democratic rival this year, Joe Biden, called during the campaign to limit fracking on federal lands.
Stocks Editor, Bloomberg RadioEditor, Chart and Stock of the DayStock of the Hour, Bloomberg Television
Author, Visual Guide to Financial Markets
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