Investors are increasingly preparing for the risk of a contested U.S. presidential election come the fall, worried that an ugly political situation will create volatility across markets.
Trump escalated fears of a contested election in a tweet Thursday morning and suggested the election be delayed until people can"properly, securely and safely vote." An election without a clear winner the following day would likely weigh on the benchmark S&P 500, which is up nearly 45per cent since its March lows and hovering near record highs. The S&P 500 fell 1.8per cent the morning after the disputed Nov. 7, 2000 election between Democrat Al Gore and Republican George W. Bush, and fell 5per cent by the end of the week, according to data from Capital Economics.
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