Alexandra Semenova, Bloomberg NewsStrategist John Stoltzfus explains whether investors should take action ahead of the U.S. election or wait out for election results.
Of course, it’s anyone’s guess how long it will take to get a clear result after the vote ends Tuesday, for both the presidency and the makeup of Congress. Vice President Kamala Harris and former President Donald Trump have been running neck-and-neck in the polls, which has helped curb risk appetite over the past few weeks.
To Morgan Stanley’s Wilson, the election could serve as a “clearing event” that kicks off a year-end rush into stocks. He sees scope for the S&P 500 to reach 6,100 in that period, a roughly 5.5% gain from Tuesday’s close of 5,782.76. When it comes to the final weeks of presidential election years, how the S&P 500 fares in the days before the decision matters more than which party takes the White House, according to Jefferies strategists led by Andrew Greenebaum.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Stock market today: Wall Street opens lower as Big Tech stocks pull backNEW YORK (AP) — Wall Street is feeling the downside of high expectations as Microsoft and Meta Platforms lead U.S. stock indexes lower despite delivering strong profits for the summer. The S&P 500 was down 0.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »
Stock market today: Wall Street holds steady as Shanghai stocks suffer worst drop since early COVIDNEW YORK (AP) — U.S. stocks are holding relatively steady following the latest scary swerves for Chinese markets. The S&P 500 slipped 0.1% in early Wednesday trading.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »
Asian Stocks to Rise After Wall Street Win Streak: Markets Wrap(Bloomberg) -- Most Asian stocks are poised to rise in early trading Monday after Wall Street finished last week on fresh highs. Most Read from BloombergA...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Asian Stocks Advance After Tech Lifts Wall Street: Markets Wrap(Bloomberg) -- Equities in Asia climbed Wednesday after a tech rally lifted Wall Street and bets on Federal Reserve rate cuts stabilized.Most Read from...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Premarket: European stocks steady after Wall Street record, oil prices slumpChina stocks tumble on government borrowing report
Fonte: globeandmail - 🏆 5. / 92 Leggi di più »
Wall Street Strategists Say Jobs Surprise Bodes Well for Stocks(Bloomberg) -- Two of Wall Street’s top strategists have turned more optimistic about US stocks on signs of a robust labor market, economic resilience and...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »