Trump or Harris? Dow says this candidate has 72% chance to win the US elections

The US stock market is currently facing a severe crisis as it is still relying on the outcome of the US elections this November, for its further trends. The biggest example in this context is the Dow Jones Industrial Average which has translated a probability of 72% that reigning Vice President Kamala Harris will emerge victorious in the upcoming US elections. Dow has been one of the key indicators on behalf of the US stock market that is depicting the sway of some of the most premium stocks, around the US election trends.

What is Dow Jones' assertion on the US elections?

According to a MarketWatch report, Dow had assigned a 64% probability of Kamala Harris winning in the polls, and sometime around in May, this same figure was lurking at 58%, when Harris was somehow not very active in the political center of the US elections. It is interesting to note that the Dow Jones probability percent of a Democratic victory is much higher than the one being depicted in the electronic futures market.

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Are the electronic futures market trustworthy?

The electronic futures market is not a very old phenomenon, and therefore it is very difficult to understand its track record and accuracy, meaning that it cannot be trusted completely for such a big thing like the US Presidential elections. Comparatively, the understanding of the stock market is safer in these terms.

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FAQs:

Are the US stock markets at risk because of the upcoming Presidential elections?
There are no significant reports of the US stock markets being at a total risk because of the upcoming US Presidential elections in November but it is possible that the market trend could be drastically affected based on the development happening around it.

Is the Dow Jones predicting a Democrat victory?
The Dow Jones Industrial Average trend is predicting a massive victory for the Democratic party nationally in the upcoming US elections in November.