Reported 21 days ago
On Election Day, U.S. stocks surged with the S&P 500 up 1.2%, driven by solid economic data despite the uncertainty surrounding the election results. While some Asian markets saw early gains, the focus remained on potential interest rate cuts by the Federal Reserve and implications of the election outcome on economic policies. Historically, the U.S. stock market has shown resilience regardless of which party holds the presidency, maintaining a long-term upward trend.
Source: YAHOO