How Stock, Bond and Currency Markets Could Respond to the Election

Published On Nov 5, 2024, 6:34 AM

Investors are reacting to the U.S. election and its potential impact on the stock market. Historically, stocks tend to dip in October before elections due to uncertainty but can rally once a clear outcome is established. The S&P 500, for example, experienced gains during previous presidencies, but current market performance is also influenced by the earnings of major technology companies. Analysts believe that any short-term volatility may give way to long-term gains tied to economic fundamentals, despite the potential for disruption from a closely contested election outcome.