Stocks surge in post-election rally even as winner remains unclear, S&P 500 jumps 2%; European markets close higher as investors watch U.S. election results; BELELX15 down 0.51%; NIS reports RSD 8.3bn in net loss for 9M 2020 
U.S. stocks climbed on Wednesday, led by tech shares, even as the results of the presidential contest so far failed to yield a clear winner. The Dow Jones Industrial Average jumped 500 points, or 1.8%. The S&P 500 traded 2.8% higher. The tech-heavy Nasdaq Composite popped 3.9% as investors crowded back into the trade that’s been working for most of this tumultuous year.

 
European stocks closed higher on Wednesday as investors around the world kept watch on the results of the U.S. election. Following a turbulent open, the pan-European Stoxx 600 ended up around 1.9% provisionally, with healthcare stocks jumping almost 4.8% to lead the gains. 
On the data front, final euro zone purchasing manager’s index (PMI) readings for October came in at 50.0, down from 50.4 in September, indicating that the bloc’s economy stalled as coronavirus cases resurged across the continent. 

BELELX15 was down 0.51% as Belgrade Airport lost 1.8%, while NIS was down 0.36%. The company reported positive net result for 3Q at RSD 1.9b, which means that 9M was reduced vs. 6M level to RSD 8.3bn. Sale sfor the period 9M20 were down 31%. The result was more/less expected. 
Source: CNBC, Ilirika