Yesterday turned into a very positive session

S&P 500 (Dec 12) INTRADAY Review Yesterday turned into a very positive session. We were expecting upside but perhaps not to the degree that panned out as the election was looming and therefore we expected the upside to be limited due to this uncertainty. The European morning saw the S&P grind higher despite some disappointing European economic data. The underlying mood was mildly bullish as more than anything investors were keen to get the election out of the way and see US politicians

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Yesterday turned into a very positive session