Resolution of close elections see biggest stock market rally, data shows

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The tightest presidential races in recent history have seen larger post-election rallies, according to CNBC stats.

has gone on to gain around 1.5% on average between Election Day and the end of that respective calendar year, data from every presidential matchup since 1980 shows. That average performance shoots up to 3.9% when looking at just the tightest races from that period.It's a trend that's true across post-election timeframes.

One key difference when looking at only close races is the next-day and week-later returns. While historical data shows stocks typicallyPerkins pointed to research on the topic listing a"resolution of uncertainty" as one reason driving the expectation for gains after the election. But he also warned that a lack of clarity on who wins can lead to a bad market reaction in the short term.

Interactive AI Interviews are going to become a new norm, expert says: It's ‘here, it's real, it's incorporated'That's something on the minds on Wall Street and beyond this Election Day. Only some states have changed ballot counting rules to avoid delays in results seen in 2020.It's been an unusually strong run up to voting day.

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