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| Version 2 | Version 3 |
|---|---|
| US shares rally as Americans vote | US shares rally as Americans vote |
| (about 4 hours later) | |
| Shares in New York rallied in early trading on Tuesday as people in the US went to the polls. | Shares in New York rallied in early trading on Tuesday as people in the US went to the polls. |
| The Dow Jones Industrial Average closed up 305.5 points, or 3.3%, at 9,625.3 amid relatively light trading. | |
| US shares took strength from gains in Asia and Europe amid hopes that a new president will take fresh action to solve the credit crisis. | US shares took strength from gains in Asia and Europe amid hopes that a new president will take fresh action to solve the credit crisis. |
| The technology-based Nasdaq composite index rose 53.8 points, or 3.1%, to close at 1,780.1. | |
| "It's not rooted in the expectation that one candidate will prevail over the other," said Patrick O'Hare at Briefing.com, regarding the shares rally. | "It's not rooted in the expectation that one candidate will prevail over the other," said Patrick O'Hare at Briefing.com, regarding the shares rally. |
| "Rather, it's rooted in the understanding that there will finally be clarity on the matter." | "Rather, it's rooted in the understanding that there will finally be clarity on the matter." |
| 'Truly dismal' | 'Truly dismal' |
| The rises came despite figures from the Commerce Department showing an accelerating decline in manufacturing activity. | The rises came despite figures from the Commerce Department showing an accelerating decline in manufacturing activity. |
| New orders received by US factories in September dropped 2.5% to a seasonally adjusted $432bn (£269bn), which was much worse than had been expected. | New orders received by US factories in September dropped 2.5% to a seasonally adjusted $432bn (£269bn), which was much worse than had been expected. |
| The fall in August was revised from 4% to 4.3%. | The fall in August was revised from 4% to 4.3%. |
| "The numbers are truly dismal," said Peter Kenny at Knight Equity Markets in New Jersey. | "The numbers are truly dismal," said Peter Kenny at Knight Equity Markets in New Jersey. |
| "Truly dismal, and yet not capable of quelling the excitement of knowing we will have a new president elected today." | "Truly dismal, and yet not capable of quelling the excitement of knowing we will have a new president elected today." |