The stock market is rising, lead by the Dow Jones Industrial Average, in trading action that is consistent with recent expectations for the upcoming election.
The Dow has gained 0.8%, while the technology-heavy Nasdaq Composite is up 0.6%. The S&P 500 is up 0.5%.
The Dow’s components, overall, are viewed as more economically-sensitive versus the other two major indexes. The S&P 600 index of smaller market value stocks, also seen as fairly economically-sensitive partly because of its weighting towards non-tech, is up more than 1%.