Republicans are hoping for yet another presidential betting upset. The stock market suggests they might get just that.<\/p>\n
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Per Fox Business<\/i>, the S&P 500 has predicted the winner of 87 percent of US presidential elections, and every one since 1984. If the index posts a gain in the three months up to the election, it signals a victory for the incumbent party candidate — in this case, Trump.<\/p>\n<\/div>\n
The S&P gained 1.2 percent from July 31 through Monday. Markets were up big across the board on Election Day, the Dow Jones two percent, Nasdaq 1.85 percent, and S&P 1.78 percent.<\/p>\n
But the 2020 election deals with much more than the economy. COVID-19, the US Supreme Court, health care, crime, foreign policy, guns, immigration, race and ethnic inequality, climate change, and abortion are some of the leading issues, per Pew Research.<\/p>\n","protected":false},"excerpt":{"rendered":"
Americans are casting their votes today in a presidential election, as they have every four years since 1788. And for the 2020 contest, former Vice President Joe Biden is the odds-on favorite to win. The 77-year-old Biden was the betting favorite last night, and has sustained and extended his front-runner position on Election Day. Biden […]<\/p>\n","protected":false},"author":25,"featured_media":154269,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19853,61],"tags":[],"acf":[],"yoast_head":"\n
Biden Extends Betting Lead Throughout Election Day, Polls Soon Closing<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n