Mike Marza has the latest on the race for the White House, with Trump getting blasted by former Chief of Staff John Kelly.
Over the full span of the next administration, the market will likely move higher whether the nation elects Harris or Trump, experts told ABC News. However, they added, each candidate's policies could favor different types of stocks while posing unique risks.What would a Trump presidency mean for the stock market?
"Taxes do have consequences," Peter Morici, a professor emeritus at the University of Maryland's School of Business, told ABC News. "With the Trump administration, it will be like a cork coming out." Trump Media & Technology Group, the Trump-owned parent company of social media platform Truth Social, could rise in value if Trump takes office. Shares of the company have more than doubled in price over the past month as the former president has improved his standing in some polls.
Last month, Trump suggested invoking the military to tamp down what he described as the "enemy from within." When asked about how the stock market would fare under Harris, Cox said the outcome would "come down to interest rates and earnings."
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