The holiday weekend has done nothing to slow the positive momentum for U.S. stocks. Strong U.S. jobs data buoyed investors on Thursday and futures are higher early on Monday, implying a 350-point gain for the Dow Jones Industrial Average
at the open.
But coronavirus cases continue to rise, with another daily increase record for the U.S. on Friday, while election uncertainty and the risks attached also linger on the horizon. Recent national polls show Democratic presidential nominee Joe Biden ahead of President Donald Trump. Analysts and investors have viewed some of Biden’s policies as being potentially damaging to Wall Street.
In our call of the…