Dow surges more than 500 points, heads for best week since April as post-election rally continues; European markets close higher amid U.S. election uncertainty; Commerzbank down 5% 
Stocks jumped on Thursday on hopes the winner of the U.S. presidential and congressional elections would soon be determined, with shares of major tech-related companies leading the gains. The Dow Jones Industrial Average closed 542.52 points higher, or 1.95%, at 28,390.18. Earlier in the day, the 30-stock average was higher by more than 600 points. The S&P 500 climbed 1.95% to 3,150.45 and the Nasdaq Composite advanced 2.6% to 11,890.93. Thursday also marked the first time since 1982 that the Dow and S&P 500 rose at least 1% in four straight sessions. 
Sentiment on Thursday also got a boost from better-than-expected earnings out of Qualcomm and General Motors. Qualcomm’s stock popped 12.8%. General Motors shares gained 5.4%. Elsewhere, the Federal Reserve said Thursday it kept interest rates unchanged near zero, noting the economy remained well below pre-pandemic levels. 

European stocks closed higher on Thursday as investors closely monitored vote-counting in key battleground U.S. states that will decide the election. The pan-European Stoxx 600 provisionally ended up around 1%, with media stocks adding 2.7% to lead gains while oil and gas stocks bucked the trend, down 0.2%. 
Earnings released early Thursday by French bank Societe Generale showed a net income of 862 million euros ($1.011 billion) for the third quarter, beating analysts who had estimated a net income of 458 million euros for the quarter, according to Refinitiv. 
Commerzbank shares dipped more than 5% after the German lender swung to a third-quarter net loss amid the pandemic and restructuring efforts, while ING Groep shares fell nearly 6% after its third-quarter earnings. 

BELEX15 was down 0.12%, while there were only three active stocks. Ata Banka, NIS and Belgrade Airport. Volumes were really miserable. There were no any important corporate nor macro events from Serbia. 
Source: CNBC, Ilirika