Monday Market Moves Sideways, Election and FOMC in Sight | Wall Street Today
Monday Market Mixed Before Crazy, Piovitol Week | Live Stock
What happened? Trump's winning percentage plummeted, and "Trump trade" fell across the board......
According to the latest data from the highly anticipated election prediction platform Polymarket, the probability of Trump winning this year's election has now dropped to 54.5%. Keep in mind, just last Friday, Trump's chances of winning were still as high as 63.2%; The sharp drop in Trump's chances of winning is related to a key 'red state' poll released over the weekend: Iowa.
The USA election vote is imminent, and the market is facing a huge shake-up! Traders are all adopting a wait-and-see attitude.
Traders are discussing various possibilities of the USA election, constantly checking the latest polls and trends in the gambling market, in order to predict whether the Republican Trump or the Democrat Harris is leading, and what this means for their asset allocation.
Republican Speaker of the House threatens to abolish the "Chip Act", triggering backlash, while the Democratic Party takes advantage of the situation to launch a counterattack.
①When asked if the Republican Party would seek to repeal the "Chip Act" if they win the election, Johnson replied, "I expect we are likely to do so"; ②The next day, Harris told the media, "Let's figure out why he (Johnson) retracted his statement. Because it is unpopular, their agenda is also unpopular."
DBS Maintains KLA Corp(KLAC.US) With Buy Rating
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