Wall Street Week Ahead: A Biden victory could weigh on stock market's winners

  • 📰 Reuters
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Investors on Wall Street can add another layer of uncertainty to a market already unnerved by last month's sell-off, stalled fiscal stimulus, and by President Donald Trump's COVID-19 diagnosis, which weighed on stocks on Friday.

is up 592% and Amazon.com Inc is up 72%. The S&P 500 index as a whole is up 4.6% over the same time.

Chris Cordaro, chief investment officer of RegentAtlantic, believes a broad Democratic victory will likely lead to more stock market volatility as soon as the results of the election are known as investors start selling winners. Investors in the coming week will be keeping an eye on minutes from the Federal Reserve’s most recent monetary policy meeting, due out Wednesday, for insight on how the central bank views the nascent recovery in the United States.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TRUMP 4 MORE YEARS 🇱🇷🇱🇷🇱🇷🇱🇷

DidYouKnow realDonaldTrump = lower taxes Biden = higher taxes Corp Taxes Trump: 21.0% Biden: 28.0% Income/Payroll Taxes Trump: 37.0% Biden: 52.0%* Small-Business Taxes Trump: 29.6% Biden: 39.6% Capital Gains/Dividend Taxes Trump: 23.8% Biden: 43.4%

Wall Street will do just fine, as the market goes up and down. It's main street that needs help getting up off it's back.

Dear Wall Street Winners: Get Ready to Get Over It. If you know what's good for you.

China would love too

and what might be the effect on normal working Americans?

Fuck them.

Three thoughts: a) the markets do damn well under Democrats; b) the markets are only one component of the economy; c) how would the markets react if there were no more elections, which is possible under Trump?

Sleepy Joe Biden and crazy Democrats will never win. This is a truth, try to live with it. Trump 2020 💪🇺🇸🍷

I have a message to the stock market: 🖕

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks expected to open higher, tracking gains on Wall StreetEuropean stocks are expected to open higher Thursday, tracking gains on Wall Street in the previous session. must be read
Source: CNBC - 🏆 12. / 72 Read more »

Stocks tick up as Wall Street waits for aid from WashingtonU.S. stocks climbed Thursday, but only after pinballing through another shaky day of trading, as Wall Street waits to see if Washington can get past its partisanship to deliver another economic rescue package. Yeah. Something like that, LA Times, something like that. ⚾️
Source: latimes - 🏆 11. / 82 Read more »