How US markets typically perform after presidential race?

10:41 AM (Mecca time) Argaam
US stock indices usually witness volatility leading to short-term declines following a presidential race, as investors show caution due to the uncertainty surrounding the winning president's economic agenda.
 
However, when the timeframe is expanded, the indices tend to stabilize and take an upward trend, as investors capitalize on the lower prices during the volatile period to achieve significant gains.
 
 
Initial results of the US election showed that Republican presidential nominee Donald Trump won presidency from Kamala Harris.
 
 
Amy Ho, executive director of strategic research at JPMorgan, said : “Election is now center stage as the next catalyst for financial markets,” said . “We caution that uncertainty could linger on the outcome as the timeline for certifying election results could take days for the presidential race and weeks for the House races.”
 
Source : CNBC

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