Why is the stock market rejoicing if republicans have not clearly won the senate?

Looks clear that 3 of the remaining 4 seats in question will go to Repubs.

Market is likely celebrating anticipated stimulus.
 
With the current projections (Dems win White House and Congress, Republicans win Senate), the market is looking forward to:
- No major corporate rate or wealthy taxpayer increases
- An end to China tariffs
- A looser immigration policy
- An end to threats to curb tech companies
- No major changes to healthcare
 
website with current senate odds?
upload_2020-11-5_9-49-1.png

Republicans are favored but its still uncertain and illiquid
 
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