Sunday , April 11 2021

Stocks rise slightly as the mid-EE elections begin. UU



Voters endeavor to issue their ballot paper shortly before polls opened in mid-term elections on November 6, 2018 in Miami.

Joe Raedle | Getty Images

Voters endeavor to issue their ballot paper shortly before polls opened in mid-term elections on November 6, 2018 in Miami.

Democrats were leading an 7-point lead ahead of the vote, according to a NBC News / Wall Street Journal published Sunday. The data published on Monday showed that more than 35 million people have already cast their vote at the beginning of the vote, indicating a registered participation in the 2018 semi-camps. In 2014, less than 20 million anticipated votes were counted the day before half

"With absolutely nothing in the macro calendar and today the Fed is not scheduled to deliver its rate decision until Thursday, investors have the next few hours to concentrate on the Midterm elections," said Jeremy Klein, chief market strategist at FBN Securities , in a note.

"The mayors fear the losing power of the Republican Party in both chambers at Capitol Hill. While the stock would stumble a bit in the immediate consequences of this unexpected result, the diver would present a chance purchase," Klein said.

The actions have been volatile lately because concerns about the elections, coupled with fears of rising rates and a possible slowdown in profit growth, have placed investors on the sidelines. The volatility index of Cboe, widely considered the best fear of market fear, amounts to more than 60 percent since the beginning of the fourth quarter.

-CNBC's
Ryan Browne
Contributed to this report.


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