Futures Edge Higher Before Election Day
With only a smattering of news on the economic and earnings front, traders were expected to lay low on the final day of the presidential campaign. Right now that money is sitting on the sidelines waiting to see what happens tomorrow. A relief rally is expected on Wall Street for Tuesday, the day of the U.S. presidential election, as business leaders and analysts continue to debate which candidate will be better for the economy.
Meanwhile, U.S. business conditions took a sharp downturn in the third quarter and the near-term outlook is even more gloomy, according to a quarterly survey conducted by the National Association for Business Economics.
http://www.cnbc.com/id/27513047
With only a smattering of news on the economic and earnings front, traders were expected to lay low on the final day of the presidential campaign. Right now that money is sitting on the sidelines waiting to see what happens tomorrow. A relief rally is expected on Wall Street for Tuesday, the day of the U.S. presidential election, as business leaders and analysts continue to debate which candidate will be better for the economy.
Meanwhile, U.S. business conditions took a sharp downturn in the third quarter and the near-term outlook is even more gloomy, according to a quarterly survey conducted by the National Association for Business Economics.
http://www.cnbc.com/id/27513047