TOKYO (AP)-World markets have reacted with relief that results from the U.S. presidential election were finally decided, with Joe Biden the president-elect.
U.S. futures were higher and shares rose early Monday in Europe after a day of gains in Asia.
Over the weekend, Biden crossed the winning threshold of 270 Electoral College votes with a win in Pennsylvania.
President Donald Trump’s refusal to concede and threats of legal action remain cause for uncertainty. But many in the region expect trade tensions to be tempered under a Biden presidency. Strong U.S. trade data released over the weekend also lifted sentiment.
By Yuri Kageyama, Associated Press
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