U.S. stocks are on track for their largest-ever post-election gain, while U.S. Treasury yields are headed for the biggest one-day drop in months. (The Wall Street Journal)

Talking point: Investors largely shied away from purchasing shares of economically sensitive companies and instead pivoted to tech stocks, which have been driving much of the recent gains. Some analysts pointed to the potential for a divided government—with Republicans controlling the Senate and Democrats the House—as dampening the potential for tech regulation. The split government may also bode ill for a large fiscal stimulus package that many investors had hoped would boost the economy. Investors pushed bond prices up on expectations of reduced stimulus. The VIX index, which measures the volatility of U.S. equities, fell from 36 points on the eve of the election to 28.1 points. The TSX, for its part, was up 0.36 per cent in late afternoon trading.