From CNBC: 2024-11-04 14:14:24

Stocks tend to rise after presidential elections, but short-term volatility is expected. Since 1980, the S&P 500, Dow, and Nasdaq have all seen average gains between Election Day and year-end. However, immediate post-election sessions typically see declines, which are usually erased within a month.

Investors should not anticipate an immediate market surge after Election Day. Uncertainty may persist as the presidential race remains close and final counts for Congressional races are awaited. The timeline for certifying election results may take days for the presidential race and weeks for House races.

The 2024 election is a key market catalyst after a strong year for stocks, with a 20% gain in the first 10 months. Traders are advised to be cautious due to potential lingering uncertainty over election results. The outcome could impact market performance in the coming days and weeks.

Read more: What the stock market typically does after the U.S. election, according to history