Business

After a punitive year on stocks, investors don’t bet on midterm rally


U.S. stocks posted a record eight-decade rally after the midterm elections, but investors and strategists are skeptical about whether November’s races will spark a rally in the U.S. market. the market bruised this year or not.

The S&P 500 has rallied higher in the one-year period following every midterm election since 1942, according to Dow Jones Market Data. The average benchmark has increased by nearly 15% in the post-midterm years since World War II.

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