Reportedly, the recent drop out of president Joe Biden, currently has a minimal impact on the stock market.
When it comes to politics, financial markets are affected mainly by changes to interest rates, inflation and economic growth as a whole. So as long as these factors are stable, there shouldn’t be much of a fluctuation in the stock exchange during elections.
However, does the same apply to the 2024 US election?
Check out the official statement of the U.S. Bank