Wall Street Wavers Amid Election Uncertainty
TL;DR Summary
US stocks fell on Monday as investors braced for the presidential election and a Federal Reserve policy meeting. The Dow Jones led declines, dropping 0.6%, while the S&P 500 and Nasdaq fell 0.3%. The election, with Kamala Harris leading in some polls, and the Fed's expected rate cut are key market drivers. Oil prices rose over 2% after OPEC+ delayed a production increase. Nvidia's stock climbed, overtaking Apple as the most valuable company, amid rising AI infrastructure spending.
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- Stock Market Today: Bonds Rally and Dollar Weakens as Tight Election Looms; Dow Little Changed — Live Updates The Wall Street Journal
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