Wall Street experienced a sharp reality check over the week as the post-election rally following Donald Trump’s presidential election victory unraveled. Major indices fell in unison as investors reassessed the economic outlook in light of potential policy shifts. Republicans secured a majority in the House of Representatives, marking a GOP sweep of Washington, D.C., and…
President-elect Donald Trump’s election as the 47th president of the United States sent Wall Street into a frenzy, driving major stock indexes to once again break record highs. Investors are betting that Trump’s potential policies — such as lower corporate and individual taxes, coupled with deregulation in the financial sector — will spur growth for…
The U.S. stock market experienced a setback at the end of October, breaking a five-month winning streak as election uncertainties and mixed tech earnings dampen risk sentiment. A key measure of market turbulence, the CBOE Volatility Index, or VIX, surged by 34% last month, marking the third-largest increase for an October in an election year….