Stock Market Signals Uncertain Outcome in Presidential Race

A stock market gauge suggests Vice President Kamala Harris may defeat former President Donald Trump in the 2024 presidential race. Historically, the party in the White House retains power when the U.S. stock market rises between the end of July and Halloween. This year, the S&P 500 rose 3.3% during this period, aligning with this trend. However, the predictor, based on 21 elections since 1944, is not statistically significant, according to its creator Sam Stovall, but he still believes in its historical reliability.