European stock markets rally despite US vote uncertainty ...Qatar

European stocks rallied yesterday despite the US election outcome being clouded in uncertainty with the possibility that it could end up in court. Wall Street also soared higher, with the tech-heavy Nasdaq jumping 4%, as both President Donald Trump and Democratic challenger Joe Biden still had a path of victory with a handful of states still up for grabs. If the presidential race was still up in the air, it was increasingly clear that Democrats won’t gain decisive control in Congress, which analysts said helped fuel the rally as it reduced the chances of major tax hikes if Biden does eventually win. The Dow was up 2.4% in late morning trade while the broader S&P 500 rose 2.6%. European stoc

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