Dow Jones, S&P 500 and Nasdaq advanced

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Joe Biden won the presidential election in his birth state of Pennsylvania this Saturday and he become 46th president of the United States. He has 290 electoral votes which is more than enough to capture the White House and to deny President Trump a second term.

Donald Trump said there is evidence of fraud in several of the deciding states that will be presented to the courts but this will not change anything according to political analysts. The US stock indices had their best weekly percentage gains since the week that ended April 10.

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