Citi: The market is not most concerned about the election, and US stocks are likely to reach new highs
Analysts at Citi say elections tend to have a big impact on market movements ahead of the vote, but traders appear to be more focused on other things this year. Analysts note that several market indicators that usually flash before the US election have been notably calm this year, suggesting there may be less concern about the election's impact on markets than in previous years. They believe traders are not focusing on the election, but on the US economy and earnings season. (Jin Ten)