The U.S. presidential election on Nov. 5 is proving to be anything but predictable. Polls indicate a tight race for the White House and potential for either party to control the House, while Republicans hold a slight advantage in the Senate, according to UBS Group’s latest ElectionWatch analysis. With the...
The Dow and S&P 500 ended October with their first monthly declines since April, while Halloween brought more market scares than treats. A wave of tech-sector selling on Thursday pulled down the S&P 500, and the Nasdaq Composite posted its steepest one-day drop since early September. Analysts pointed to various...
Following Election Day, U.S. stocks often face headwinds—not necessarily because of post-election uncertainty but due to a long-term trend of below-average performance in the immediate weeks afterward. Historically, stock markets tend to perform better when the incumbent party retains the White House, while declines are more frequent when the opposition...
The U.S. stock market is gearing up for its historically strongest six-month period, November through April, following impressive gains over the summer months. Traditionally, investors adhere to the “sell in May and go away” adage, but this year’s performance defied that trend. Yet with rising Treasury yields and the looming...
Throughout most of 2024, stock-market investors showed little concern over whether Donald Trump or Kamala Harris might win the presidential race. However, with Election Day just two weeks away, political anxiety has finally begun to impact equities. This week, a notable climb in Treasury yields, which have been on the...
Citigroup strategists are growing concerned about the current bullish sentiment in the stock market but aren’t advising investors to reduce their positions yet. Chris Montagu, Citigroup’s global head of quantitative research, noted that net-long positioning in S&P 500 futures has reached its highest level since July 2023. At that time,...
