Stock market today: S&P 500 closes lower ahead of presidential election

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Stock market today: S&P 500 closes lower ahead of presidential election

Investing.com-- The S&P 500 closed lower Monday as traders opted for caution ahead of the presidential election and the Federal Reserve's rate decision later this week.Investors were largely on edge before presidential elections on Tuesday, with recent polls showing Donald Trump and Kamala Harris were set for a tight race.

Analysts indicating that the outcome could significantly impact the market performance, especially the Big Tech sector. “A major change in tariffs and a harsher stance on China we believe would significantly impact the supply chain, Nvidia , Beijing retaliatory impacts on Apple/Tesla likely, and slow the pace of the AI Revolution,” analysts led by Dan Ives said in a note.The quarterly earnings season is set to continue, with around a fifth of the companies in the benchmark S&P 500 due to unveil their latest quarterly earnings this week.)'s weaker than expected Q3 operating earnings totaled of $10.

"We expect that the FOMC will deliver a 25 bp cut next week, and the focus will be on potential statement changes and the press conference with Chair Powell," UBS said in a recent note.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 450. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: S&P 500 closes lower as spike in Treasury yields weighStock market today: S&P 500 closes lower as spike in Treasury yields weigh
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: S&P 500, Dow in fresh record close as Netflix shinesStock market today: S&P 500, Dow in fresh record close as Netflix shines
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock Market Today: S&P 500 rides Nvidia-led tech surge to close higherStock Market Today: S&P 500 rides Nvidia-led tech surge to close higher
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: S&P 500 shrugs off weaker jobs report to close higherStock market today: S&P 500 shrugs off weaker jobs report to close higher
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock Market Today: S&P 500 ends just lower as intraday climb coolsStock Market Today: S&P 500 ends just lower as intraday climb cools
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: S&P 500 ends lower amid rising Treasury yields, mixed earningsStock market today: S&P 500 ends lower amid rising Treasury yields, mixed earnings
La source: Investingcom - 🏆 450. / 53 Lire la suite »