Stocks kicked off November with a rally on Friday, led by Amazon and the usual big-tech heavyweights, once again proving that they’re the tail wagging the market dog—even amid some formidable background noise.
Markets Chief among the market’s worries is the Nov. 5 U.S. presidential election, ramping up volatility as investors brace for policy shifts. Adding to the tension is the Fed’s upcoming policy meeting on Nov. 6-7, where a pause signal for December could be on the table. However, let’s be clear: no one at the Fed will take Friday’s hurricane-distorted jobs data at face value for policy decisions. Stripping away the noisy data, the U.S.
Looking at elections from a broader lens, they typically deliver a fairly neutral punch to equities. Immediate post-election market responses don’t show any clear trend, and S&P 500 performance under a unified government versus a divided government doesn’t offer a statistically decisive edge. More likely, those returns reflect the timing of some powerful recoveries in early economic cycles, as seen in 2003 and 2009, rather than election outcomes themselves.
Currencies Centralbanks Macroeconomics
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
November Holidays and Observances 2024 - November Calendar With HolidaysOn the first day of November, NBC’s Vicky Nguyen shares items that are will be on sale this month, including Halloween décor for next year and holiday prep items for Thanksgiving and Christmas. She also shares items to hold off on buying this month.
Read more »
Today’s ‘Wordle’ #1231 Hints, Clues And Answer For Friday, November 1stErik Kain is a writer and critic covering TV shows, movies, video games and books primarily in the 'genre' category including fantasy, science-fiction, mysteries, thrillers, post-apocalytpic stories and more. He was a 2014 Shorty Award finalist. His work has appeared in The Atlantic, Mother Jones and The National Review.
Read more »
NYT ‘Connections’ Hints And Answers For Friday, November 1 (#509)Kris Holt is a writer who covers the art, business and culture of video games, with a focus on Overwatch 2. He also covers casual word games, such as Connections, Strands and Quordle. Kris has covered developments in cloud gaming, interviewed gaming executives about the strategy and future of their companies and reported from major esports events.
Read more »
NYT Crossword: answers for Friday, November 1The New York Times crossword puzzle can be tough! If you're stuck, we're here to help with a list of today's clues and answers.
Read more »
Trump versus Harris: What the November election means for defense stocksRising geopolitical tensions could be a catalyst for defense stocks, with a few caveats including the U.S. election.
Read more »
These are the most overbought stocks as November kicks offInvestors have been picking up shares of GE Vernova and United Airlines even during the market's recent dip. They may be poised to fall, by one popular metric.
Read more »