Anthony Scaramucci Says Kamala Harris' Poll Numbers Are Driving Market Higher, Predicts 'Rough 81 Days' Ahead For Trump (Corrected)
Portfolio Pulse from Shanthi Rexaline
Anthony Scaramucci attributes the recent market rebound to Kamala Harris' rising poll numbers, suggesting investor relief over a potential Democratic win. The Nasdaq Composite, S&P 500, and Dow Industrials have all seen significant gains since the Aug. 5 market crash. The SPDR S&P 500 ETF Trust (SPY) also ended Thursday's session up 1.71%.
August 16, 2024 | 7:09 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The SPDR S&P 500 ETF Trust (SPY) ended Thursday's session up 1.71%, reflecting the broader market's positive performance driven by declining jobless claims, better-than-expected manufacturing data, and strong retail sales.
The SPY ETF tracks the S&P 500 Index, which has seen gains due to positive economic indicators and investor sentiment influenced by Kamala Harris' rising poll numbers. This suggests a continued positive trend in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80