Dividend logo

Stocks have spent the last few sessions in a downward spiral. And while some of that was due to the Federal Reserve’s last opinion on interest rates, the real culprit has been the uncertainty over the upcoming presidential election. This week, the election will dominate the market’s returns until the very last vote is tallied. Given the uncertainty and closeness of the polls, traders could be on edge until the victor – Hillary Clinton or Donald Trump – is announced. (See last week’s Market Glance for more.)

But just because the election is the main focus this week, it doesn’t mean that there isn’t important economic data being released. We’ll get key metrics of labor, consumer and housing health this week.

In addition, the earnings season train continues to roll on. The majority of the S&P 500 has already reported their profits for the quarter. However, there are still plenty of firms left that need to announce their earnings, or lack thereof. Depending on how the reporting goes, stocks could continue their spiral downwards.

All in all, we could be in for another rough ride over the next seven days.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Buy%20on%20the%20dip%20image
News

Don’t “Buy the Dip” Unless It’s a Dividend Stock

Over the last ten years, stocks have marched higher. But the climb hasn’t been a straight line....

Premium Market%20wrap%20sep%2012%202019
News

The Market Wrap for September 13: Finally a Positive Week for Traders

After weeks of high volatility and many down days, traders may have gotten a break this week as...

News

Trending: Stag Industrial Boosted by Real Estate Optimism

Dividend.com analyzes the search patterns of our visitors each week. By sharing these trends with...