The U.S Election Day will take place next Tuesday, November 3rd and traders are digging deep into history records to find market trends. History shows that markets have previously reacted in the upcoming days towards elections.
US president Donald Trump tweeted that both he and the First Lady had tested positive for COVID-19, causing volatility in various global financial markets. Oil dropped by as much as 5% on Friday.
Breaking its past 11,000 point threshold, the Nasdaq 100 reached a new high while the S&P 500 continued it’s 4-day rally.
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