The local market obviously liked a Biden win and the prospect of a divided US Congress, with the ASX 200 up 1.8% today to an eight-month high of 6,298.8.

Trump's legal threats and last week's talk of a contested result being the worst-case scenario for the market were both disregarded by investors. Materials, communications and tech were the big sector gainers. REA hit a record high of $139.50 after a series of broker upgrades and more positivity around the real estate market. The bulls run on. Our top three VODs today are: The UK has come to play Coles , Amcor and James Hardie are great places to park cash right now Our base case is for a split Congress so buy tech and healthcare Subscribe to our free daily newsletter at ausbiz.co/the_cob Hosted on Acast. See acast.com/privacy for more information.