The potential reopening of the economy is not the only fresh prospect easing stock market tensions. Now that the “Bernie Revolution” has officially halted, stocks are surging upwards as investors warm to the fact that a socialist will not be occupying the White House next February.
On Wednesday, Sen. Bernie Sanders (I-VT) suspended his presidential campaign after former Vice President Joe Biden rebounded from a losing position to overtake him in the primary. Shortly thereafter, his exit from the race yielded positive dividends in the stock market as the Dow gained 700 points.
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