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But we saved everything 🙂.
The S&P 500 has historically risen during the fourth quarter in 21 out of the past 23 years with U.S. midterm elections.
Gunjan Banerji highlighted this pattern, noting that stocks typically go up around midterms.
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Banerji has previously reported on the Nasdaq Composite falling 2.6 percent in its second largest single-day drop of the year. In a separate update, she covered expectations from GS that improved inflation by March could prompt most FOMC members to consider pausing further rate hikes. These recent developments highlight the range of factors influencing U.S. equity markets this year.