Economic News

In the earnings season for U.S. companies, focus is on five key areas

The U.S. election is in a stalemate, the 'big investors' are unusually silent, and Wall Street is unwilling to place bets

2024/10/11

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In the last two months leading up to the U.S. presidential election, the stock market usually performs well. However, this year's election is extremely competitive, creating uncertainty on Wall Street. Investors are concerned that if election disputes arise, leading to a delayed determination of the winner, it could trigger a market sell-off and disrupt post-election stock trends.

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With less than a month until the voting day on November 5, a Reuters/Ipsos poll released on the 8th shows Democratic candidate Kamala Harris leading Republican candidate Donald Trump by a narrow 46% to 43%. However, due to the U.S. Electoral College system, national polls are less crucial than state-specific support.

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