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Added on the 04/11/2020 13:00:00 - Copyright : EFE Inglés
US stock markets opened with optimism Tuesday, as tens of millions of Americans head to the polls to decide who will be the next US president. According to Markets Insider, analysts say the upward bounce was a reaction to the end of the uncertainty surrounding who will get the top job. Fundstrat's Tom Lee said in a note to clients on Tuesday that the result would rally stocks, regardless of who won. If Democratic nominee Joe Biden wins, Lee expects a 10% rally. A surprise win for President Donald Trump could jolt stocks 15% to 17% higher. Asset manager BlackRock says that from ending political gridlock to producing sorely needed stimulus packages, the outcome could trigger an upturn.
The rising waters of the Bei River have nearly engulfed lampposts in flood-hit Qingyuan city in southern China, with the government issuing highest its highest-level rainstorm warning for the affected area. Torrential rains have lashed Guangdong province in recent days, swelling rivers and causing the evacuation of more than 100,000 people. IMAGES
Record rainfall in Hong Kong causes widespread flooding Friday, cars are submerged and locals wade through gushing streets. The Hong Kong Observatory, the city's weather agency, reported hourly rainfall of 158.1 millimetres at its headquarters in the hour leading up to midnight, the highest since records began in 1884. IMAGES
Construction workers walk along the streets in a flood-affected area following heavy rains that battered the capital city of Beijing. IMAGES
At least 11 people are dead and 13 are missing after heavy rains lashed Beijing, state media said Tuesday, in downpours that have submerged roads and deluged neighbourhoods with mud. IMAGES