Why the Stock Market May See Minimal Impact From the Midterm Elections

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Why the Stock Market May See Minimal Impact From the Midterm Elections

Yahoo Finance2022-11-09

Don't expect a big move in the markets following the much-awaited conclusion of the midterm elections, Wall Street pros contend."We actually think politics is going to have a somewhat minimal impact ...

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Survival
·2022-11-09
Whoever elected can market n economy be worse than NOW?
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The technology-heavy Nasdaq Composite (^IXIC) gained about 0.9% after the index posted its worst weekly decline since January.Some of the most active stocks on the Yahoo Finance platform included relatively riskier plays such as Amazon (AMZN), Apple (AAPL), Snap (SNAP), and Nvidia (NVDA) as traders embraced the risk-on vibes.Historical data suggests a positive bias in the market in the month ahead of the midterms is warranted.The S&P 500 has historically outperformed the market in the 12-month period after a midterm election, with an average return of 16.3%, per data from US Bank. 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