While Americans are heading towards making the highly disputed choice of the 45th president of the U.S., stock indexes began trading in positive territory on Tuesday, signaling to traders' expectations for a potentially uncertain and unstable coming week. The Dow Jones Industrial Average is up by 0.83, While the S&P 500 rose 50 points or 0.80% to 5,763.43 on the day, and the Nasdaq Composite was up by 0.98%.
The optimistic tone comes, however, as the market accommodated election results effects, building up expectations of heightened volatility as merchants in global markets remain alert for new influence on results and extended over-trading openness. While the headline for this event is incumbent Donald Trump challenging Kamala Harris for the presidency, the electoral race continues to be one of the most keenly observed in recent years.
This is also why more emphasis is placed on it since it has major ramifications for future policies on growth and trade. Experts in the market have suggested that investors should expect volatility within sectors depending on the outcome of the elections in every country, which will affect areas such as trade and regulation.
Furthermore, it is anticipated that the result of this election will have a big effect not only on the financial community but also on its clients and markets in general in the short term. When the results start coming in, all focus will be shifted towards what these will do to the U.S. and world economies in the future.
