MARKET WRAP: JSE at record high as markets welcome a Democrat-controlled US Senate

The JSE closed at a record high on Thursday, along with world stocks as investors bet on the likelihood of more economic stimulus under a Democrat-controlled US Congress.

Democrats gained control of the Senate by winning two run-off elections in Georgia, completing a “blue wave”, with the party now set to lead the White House, the House and the Senate, which will allow US president-elect Joe Biden greater scope to implement his policies…