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cover of episode Best Day in Weeks for Stocks, but Vote Count Looms

Best Day in Weeks for Stocks, but Vote Count Looms

2024/11/5
logo of podcast Schwab Market Update Audio

Schwab Market Update Audio

Chapters

Stocks experienced their strongest session in weeks due to economic strength, easing treasury yields, and reduced political uncertainty.
  • Economic strength and easing treasury yields contributed to the stock market's best day in weeks.
  • Political uncertainty is expected to increase market volatility if the election outcome remains uncertain.
  • Investors are eager for the election to conclude, as it could reduce market uncertainty.

Shownotes Transcript

Strong data, lower yields, and relief that the campaign is over helped the broader market to its best day in six weeks. Volatility could rise if the outcome takes time to arrive.

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