Why is the stock market rejoicing if republicans have not clearly won the senate?

The situation is currently unclear.

 

The market moves where it wants to move.
It can move ahead of or after the news/events.
Trading doesn't require logic.

Let the professional writers do all the reasoning/ explanation.

 

Looks clear that 3 of the remaining 4 seats in question will go to Repubs.

Market is likely celebrating anticipated stimulus.

 

website with current senate odds?

 

With the current projections (Dems win White House and Congress, Republicans win Senate), the market is looking forward to:
- No major corporate rate or wealthy taxpayer increases
- An end to China tariffs
- A looser immigration policy
- An end to threats to curb tech companies
- No major changes to healthcare

 

Republicans are favored but its still uncertain and illiquid

 

Thanks. Please provide link.

 

betfair

 

My inner voice keeps reminding me of the timeless saying by Yogi Berra "It ain't over till it is over."

 

Or till the Fat Man sings: