A look at how the stock market does the week before a presidential election

The latest

All-America Economic Survey showed Vice President Kamala Harris and former President Donald Trump locked in a dead heat with less than two weeks to go before the vote. The data also showed Harris with greater support among women, while Trump led with male voters. Pre-election jitters have crept into the market this week. The S & P 500 is down 0.9% week to date, on pace to snap a six-week advance.

Pro crunched the numbers going back through the last 10 presidential elections, and found that the S & P 500 has seen a median gain of 0.76% the week before the vote. The week of the election itself, the broad market index has seen a median gain of 0.56%. To be sure, stocks have been under pressure the week before the election in the last two cycles given the uncertainty around each contest. In 2020, the S & P 500 dropped 5.6% the week before the election, then rallied 7.

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Breitbart Business Digest: Wall Street Sides with Harris, Main Street Sides with TrumpSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
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