Stock Market Faces a Worst-Case Scenario After Midterm Elections. History Says This Will Happen Next.

Résumé détaillé

The stock market tends to perform poorly when a Republican president serves alongside a Democratic-controlled Congress.

Midterm elections have historically been difficult for the political party in the White House, and this year was no different. Democrats won control of both chambers, flipping at least 42 House seats and seven Senate seats in a sweeping defeat for President Donald Trump's Republican Party.

Wall Street was initially pleased. The S&P 500 (SNPINDEX:^GSPC) and Nasdaq Composite (NASDAQINDEX:^IXIC) added 1.6% and 1.4%, respectively, on the day following the election, as investors celebrated the congressional gridlock that will limit Trump's ability to make major policy changes.

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However, the indexes gave up those gains and more on Thursday, Nov.

Début de l'article, extrait de Yahoo Finance. Pour lire la suite, ouvrez l'article chez le média.