Economic worries? Old news fade fast, and subprime mess has been known for a long time. DON'T GET INTO POLITICAL DISPUTES IN THIS POST But the market seldom reacts, it anticipates; and it's anticipating that a Democrat President with leftist speech will be elected. Of course, when already elected, the stock market does better on Democrat govt's; as the market learns that they will not do all the leftist promises made during campaign. If they did they would became another Carter, and will not get reelected.