US Markets

Biden blue wave sends bearish signal to stocks

Traders on the prediction market website Predictit are pricing in a 56% chance that Democrats take both houses of Congress as well as the presidency, allowing them to ram through bills including tax increases.

JPMorgan trading surge boosts earnings

JPMorgan Chase & Co. reported third-quarter profit rose 4%, boosted by strong trading results as global markets recovered from their coronavirus-induced plunge.