U.S. Midterm Elections Approaching and S&P 500 Outlook
- 1Voters head to the polls for the U.S. House and Senate elections on November 3.
- 2According to Kalshi, the probability of Democrats retaking the House is over 91%, while the probability of retaking the Senate is 67%.
- 3Following each midterm election, the S&P 500 index has recorded an average gain of approximately 15% over the subsequent 12 months.
So what's the key point?
Elections to choose members of Congress in the United States are happening soon. In the year following these elections, the stock market has risen by an average of about 15%.
Source The Motley Fool +1 · View original ↗
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