The stock market has decided that Obama will be reelected! And the indices go up like a bottle rocket!
But wait! There's more!
Just before noon today, the stock market exploded higher on no obvious news.That's Business Insider -- two web sites in one!
There were some rumors that Mitt Romney had opened up a major lead in OhioThe Wall Street Journals' Paul Vigna thinks the rumor was started by a report that came from the Cincinnati Inquirer that put Romney ahead by 92,000 votes.However, that report has been taken down and replaced with this message:A Cincinnati.com front-page link to a chart with dummy data, created as a design template for election results, was inadvertently posted early Tuesday morning.It purported to show early voting totals in Ohio counties. However, no votes have been counted yet – by law counting doesn't start until the polls close.Cincinnati.com regrets the error.Whoops.It's worth noting, however, that the markets are still near their highs of the day.
Here is the Dow Jones Index for today a half hour before closing for the day:
Your guess is as good as mine.