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05/11/2024

BIG DAY : What the stock market typically does after the U.S. election, according to history
Stocks typically rise after a presidential election, but investors need to be prepared for some short-term choppiness first, history shows.

The three major benchmarks on average have seen gains between Election Day and year-end in the presidential election year going back to 1980, according to CNBC data. However, investors should not be expecting a straight shot up in the market after polls close.

04/11/2024

📢 Market Update:

This week, the spotlight is on the election and FOMC meeting, with reduced expectations for a Trump victory causing a sell-off in cryptocurrencies. The Dollar Index is weak, influenced by last week's soft NFP report and upcoming events, with 103.70 as a critical support level to monitor.

04/11/2024

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04/11/2024

Dollar’s reaction at the 103.70 support level will be vital, especially for the JPY. If 152 breaks, we could see a decline toward 149.8.

04/11/2024

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