With the results of Monday night's presidential debate clearly a mainstream victory for Hillary Clinton (according to the mainstream media, naturally), investors got the "all clear" Tuesday morning and immediately set about erasing the previous day's losses to a large extent.
There was nothing of note in the way of financial news, so the political news would have to suffice, and it apparently did.
With nothing now standing in the way of a Hillary Clinton victory in the November election, the smug Wall Street crowd felt good enough to boost stock prices for the average investor, despite Donald Trump's warning that the Fed was blowing bubbles and playing politics. Maybe the election doesn't matter that much.
Dow Jones Industrial Average
18,228.30, +133.47 (0.74%)
5,305.71, +48.22 (0.92%)
2,159.93, +13.83 (0.64%)
10,657.18, +32.30 (0.30%)