The next two months could be bad for the stock markets; here's why
The upcoming months could end up being a crucifying time for the US stock markets and the US Presidential Elections 2024 is one of the primary reasons for the same. Meanwhile, there are a lot of driving factors for the US markets in the coming mon...

Summer over, trouble to begin for US stock markets
The summer being officially over now, with the advent of September, things are taking a wild turn around the US stock markets, with semiconductors being one of the primary concern for the market trades, and the latest jobs report that was released this Friday, doing very little to appease US investors who are in panic around impending recession fears.Even though investors usually have a knack for going after tech stocks during times of crisis, this time things are looking completely different, with US-based investors moving away from Nvidia, which has already seen half a trillion dollar of its market capitalization being wiped off from the markets.
Also Read : Are Taylor Swift's fans or Swifties disappointed with her choice of friends?
Uncertainty around US Presidential Elections 2024 creating more havoc
The market and its investors definitely do not have any inclination for geopolitical uncertainty, which is becoming increasingly evident due to the heated US polls 2024 battle between the Republicans and Democrats, with various surveys and polls claiming that this election race would be as close as it gets.Therefore, the markets, not being able to back the right choice, is in an utter fix, and the 'Trump trades', which are typically those stocks, which are predicted to go through the roof if the former US President is elected to power, is also seeing a shaky base, after Harris' rising popularity.
FAQs:
Is Kamala Harris' election campaign affecting the US markets?Yes, Kamala Harris' rising popularity in the US polls 2024, is creating a major impact on multiple stocks across the past few weeks, with more jolts set to continue until the polling day and beyond.
Is an US recession set to affect the stock markets?
Recession fears are already looming on the US stock markets, and investors are already behaving in accordance with the same.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.