Stock Market on Best Election Day to Inauguration Run Since World War II
Stock Market on Best Election Day to Inauguration Run Since World War II On 1/19/21 at 1:12 PM EST Following a year of records the U.S. would rather forget, the stock market is about to set one that bodes well for the economic future—the best Election-to-Inauguration Day run for a first-term president since World War II. Sam Stovall, chief investment strategist at CFRA in New York and author of The Seven Rules of Wall Street, said the S&P 500 gained 11.8% from Nov. 3, 2020, Election Day, through Jan. 15. The market rose 8.8% after John F. Kennedy's election, 6.3% before Dwight D. Eisenhower...
Source: newsweek.com