Bernie Sanders’s Tight Primary Win Stokes Wall Street’s Election Hopes

U.S. stocks reach record highs in early trading Wednesday
Sanders ‘won but lost more’ in primary, Veda Partners says

Senator Sanders pauses while speaking during a primary night rally in Manchester, New Hampshire on Feb. 11.Photographer: Adam Glanzman/Bloomberg

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By Felice Maranz

February 12, 2020 at 4:01 PM UTC

This article is for subscribers only.

Bernie Sanders’s narrow New Hampshire primary win is bolstering investor perceptions that either President Donald Trump is well-positioned for re-election or a moderate Democrat may yet emerge as the nominee.

Either of those scenarios would be positive for the stock market, analysts said on Wednesday. The S&P 500 rose as much as 0.6%, notching a new record in early trading, with gains driven largely by easing concern about the spread of the coronavirus.