The Wall Street Journal

The vote is in: stock funds are up 14.9% in 2024

The vote is in: stock funds are up 14.9% in 2024
The markets are in a period of uncertainty as the US election nears - but will settle once a decision is clear. (Image: Unsplash)
The Wall Street Journal
By William Power One of the oldest investing maxims is that investors hate uncertainty. And there could be just a little of that ahead of US election day.But no matter what happens at the ballot box, the stock market is holding on to solid gains so far in 2024. And history has shown that just getting past the election is helpful for the market, no matter who wins.“Election-driven volatility has historically been short-lived – even if the results of the election were not immediately known, as in 2000,” says Saira Mali...

More Markets

KPMG to lay off 4% of its US audit workforce
Finance

KPMG to lay off 4% of its US audit workforce

About 330 people in the US audit business to lose their jobs.

Carbon Catchup: Who's up, who's down?
Finance

Carbon Catchup: Who's up, who's down?

12 companies from the NZX50 increased their direct emissions compared to last year.

NZ sharemarket up slightly ahead of ‘wait-and-see' US election
Markets Market Close

NZ sharemarket up slightly ahead of ‘wait-and-see' US election

The S&P/NZX 50 Index closed at 12,590.6, up 31.32 points or 0.25%.

Gregor Thompson 04 Nov 2024
ASB to give clients access to CMC Markets' trading tech
Markets

ASB to give clients access to CMC Markets' trading tech

Bank's online and mobile platforms will feature the new offering.

Gregor Thompson 04 Nov 2024