History says US stocks have a 95% chance of finishing the year strong — no matter who gets elected
Wall Street kept a close eye on election data, but the outcome won't crush stocks. Michael M. Santiago/Getty Images Stocks stumbled heading into the election, but a rebound should be in order. The S&P 500 has an outstanding track record after major rallies in the first 10 months. Here's why history and other key catalysts are on the market's side, according to Truist. More than seven decades' worth of data suggest that US stocks will end 2024 on a high note. Investors have been locked in on what's certain to be a consequential election , though the outcome is unlikely to keep equities from charging higher — if history is any indication. The S&P 500 rose about 20% through October, which was its best performance in an election year since at least 1952, according to a new report from Truist. That gain was fueled by resilient economic growth, lower inflation, and interest rates that fell to less burdensome levels. Truist Stocks have had a rather
