US Presidential Election Tightens Markets, Stocks Drop, Bond Rise - Bloomberg Report

The US presidential election looms large over financial markets as stocks lose traction and bonds see a rise in value. The Dollar also dips amidst tight race.

Market Reaction to Election Uncertainty

Equities hover near session lows as reports of Russia plotting against the US surface. Options markets remain defensive as polls indicate a split among US voters nationally and in pivotal swing states.

Impact of Federal Reserve Decision

Aside from the election, the Federal Reserve decision and Jerome Powell's press conference are set to influence market trends. Companies also prepare to release their earnings reports.

Expected Market Performance

Historical trends point to positive market performance post-election. However, market participants brace for potential volatility and uncertainty surrounding election results.

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