US election: global stock markets on a cloud

Global markets have regained color with the US presidential election. The CAC 40 has gained nearly 8% since Monday, its best performance since the spring. They are not immune to a backlash once the excitement subsides as the epidemic continues to progress in Europe and the United States.

European markets posted their best week since early April.

The atmosphere is festive in the markets. The latter have finally coped very well with the uncertainty and the risk of contesting the result of the American elections. While the name of the next US president was not yet certain, the world stock markets signed their best week since spring. Starting with the CAC 40 with a jump of nearly 8% which again brings it closer to the threshold of 5,000 points.

The United States led the way: the Dow Jones and the S&P 500 climbed around 7% and the technology-heavy Nasdaq jumped 9%, their best performance since last April.

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