The Multitude of Highs and Lows
As of this writing, the election is on the verge of being called. However, despite the ongoing uncertainty, the markets have surged in recent days.
Taking a step back, the S&P 500 fell for a second straight month in October, paring back more of the year’s gains. Major contributors to the month’s volatility included dwindling prospects for a second round of fiscal stimulus, growing worry about rising COVID-19 cases, and of course the election.1Read more
The Potential Impact of the U.S. Presidential Election on the Markets—and What It Means for Investors
The stock market has seen its share of volatility in 2020. Through the first nine months of this year, the S&P 500 moved up or down by at least 2% on 42 days.1 This already makes it the most volatile year for U.S. stocks since the 2008–2009 Financial Crisis. We’ve been through a pandemic, disruption to the global economy, turbulence to the capital markets, and, of course, a highly contentious presidential election.Read more