Tech stocks rip higher on Election Day
https://techcrunch.com/2020/11/03/tech-stocks-rip-higher-on-election-day/
Tech stocks shot higher as American voters went to the polls, the gains coming far ahead of results that could indicate who will win the presidency.
American stocks broadly rose, with the S&P 500 index rising just over 2% while the tech-heavy Nasdaq Composite is up just under 2%. SaaS and cloud-focused shares are up a slimmer 1.8% as of the time of writing.