Having pulled ahead in key states, Biden is being recognized as the President Elect. Trump has yet to concede, threatening lawsuits to force recounts and re-assess mail-in ballots citing fraud with seemingly no evidence.
Markets rallied strongly after election uncertainty faded somewhat, recovering the heavy losses incurred the previous week.
The question of who will lead the United States of America for the next four years loomed large as ever on November 4.
Markets were rocked by volatility last week as renewed lockdowns across Europe and lack of U.S. fiscal support pose increasing challenges to the global economic recovery.
Markets dipped as the U.S. failed to agree on a stimulus package.
Markets were mixed last week. There was little progress on the U.S. stimulus package, on which markets had pinned their hopes.