Shares in London and New York rise as US election concerns fade

FTSE 100 closes 1.7% higher while Dow Jones, S&P 500 and Nasdaq all post gains in early tradingBusiness live – stock markets gripped by US election raceUS election live – follow all the latest updatesBiden v Trump: live resultsShare prices have risen in both London and New York after investors shrugged off initial concerns about the knife-edge US presidential election and saw the positive side of a result that could mean Democrats and Republicans sharing power in Washington.UK markets had a sharp fall in early trading as it emerged that neither Donald Trump nor Joe Biden could legitimately claim overnight victory in the race for the White House, but later rallied strongly. Continue reading... https://www.theguardian.com/business/2020/nov/04/stock-markets-rattled-by-uncertainty-over-us-presidential-election-ftse #stock_markets #ftse #business #us_elections_2020 #us_news #us_politics #world_news #dollar #currencies #dow_jones #donald_trump #joe_biden #uk_news