Reported 21 days ago
Investors are currently avoiding major investments as they prepare for significant events that could sway the market, such as the US presidential election and the Federal Reserve's policy decision. On Monday, the markets closed down, with the S&P 500 dropping 0.28% and the Dow Jones Industrial Average falling over 250 points. Piper Sandler Chief Investment Strategist Michael Kantrowitz highlighted that volatility is expected, but investors are hesitant to place large bets given the close nature of the electoral race.
Source: YAHOO