The ASX 200 closed up 0.82%, with consumer discretionary metals and mining leading the gainers. Utilities, tech and healthcare took a hit.

What a week. Markets relished US Election gridlock, with tax hikes and regulatory pressure on the tech giants off the table for now. This afternoon, Georgia and Pennsylvania could go either way with an 'non-official' outcome expected any minute. The ASX 200 closed up 0.82%, with consumer discretionary metals and mining leading the gainers. Utilities, tech and healthcare took a hit. Election uncertainty has also pushed gold to a six-week high. Meanwhile, the RBA cut the official rate to a record low of 0.10% on Tuesday, with a $100 billion QE package also delivered. The central bank also improved its communication with Governor Phil Lowe holding a press conference after the announcement. Our top three VODs today are:Julia's pleasantly surprised with AmcorHoward Lindzon: No one is scared of Trump, Biden or the Fed - yetChris Conway's Christmas (and gridlock) shopping listSubscribe to our free daily podcast at ausbiz.co/the_cob Hosted on Acast. See acast.com/privacy for more information.