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Britain-based Smarkets Change, a reversal of fortune for President Donald Trump, was a favorite in a single day. LONDON Reuters – Democratic presidential candidate Joe Biden was back as a favorite to win the U.S. As of Wednesday evening, Biden was holding on to his place as a clear favorite to win the U.S. Trump has 49%, and Biden has 49.3% of the vote, in response to Edison Research. The shift came after Biden overtook Trump in the battleground state of Wisconsin, with an estimated 89% of the vote tallied to date. Trump opened a multi-pronged attack on vote counts by pursuing lawsuits and a recount. Reflecting the uncertainty, betting markets swung violently on the presidential vote. Healthcare stocks additionally surged amid relief that regulatory stress that could have swept through the sector in a Democratic sweep would not materialize.

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