Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Comic: Volatility To Continue As Investors Shift Focus To Trump-Biden Debate

Published 09/26/2020, 01:59 PM
Updated 09/26/2020, 02:03 PM

By Jesse Cohen

Investing.com - Stocks on Wall Street ended higher in another volatile session on Friday, clawing back some of their hefty losses for the week, as tech shares rallied.

The Dow Jones Industrial Average jumped 359 points, or 1.3%, to close at 27,173.

The S&P 500 rose 1.6% to 3,298, while the Nasdaq Composite surged 2.2% to settle at 10,913.

Despite Friday’s rally, both the Dow and S&P 500 suffered their fourth weekly loss in a row, their longest losing streak since August 2019. The Dow fell 1.8% on the week while the S&P 500 declined 0.6% over the same timeframe.

The Nasdaq meanwhile had its first weekly gain in four weeks, rising 1.1%.

U.S. stocks could face more volatility next week as President Donald Trump and Democratic nominee Joe Biden face off in their first debate ahead of the November 3 elections.

The debate – the first of three – will take place in Cleveland, Ohio on Tuesday from 9:00PM ET to 10:30PM ET.

Betting services currently view the race as almost a coin flip, though Biden currently has a modest lead in the polls.

Uncertainty related to the election, including the possibility of a delay in announcing a winner, has weighed on market sentiment in recent weeks, with the S&P 500 tumbling 10% from its record high earlier this month.

To see more of Investing.com’s weekly comics, visit: http://www.investing.com/analysis/comics

Latest comments

Biden has Alzheimers. Will have an earpiece of some kind, maybe already implanted.
you're dum
Trump is just a poor man in rich mans clothing. Biggest loser on the planet with an oversized tie and and yuge amount of debt. Who would you rather have a beer with? Trump or George W? Will the hermit crab come out of his hole for more than big macs and some golf? Loser lame duck cant even get us through a pandemic. Should be hired af mcdonalds
The point is he HATES being made fun of. If Joe can get one or two jokes in and have whatever audience chuckle oh youll see mr trump implode on live tv.
Biden isn’t going to be there.
he will get covid before debate thus can attend the debate
Those tax returns... yikes
Biden will be a NO show, even if he attends.
One of the candidates will be wearing Depends and taking Namenda. You decide which one.
Joe Biden is finished 😆
I attended the Trump rally last week in. Jacksonville. There must have been 30k people there. I didn't see any protesters or Biden supporters, however there must have been at least 3 there because that's the main thing the fake media showed. I truely believe Mr. Trump loves this country, and thank God he is our president now! Also if you ride around in North Florida streets the vast majority of signs and supporters are for Trump!
No cares about north Florida cause only a fool would live there.
I attended the Trump rally last week in. Jacksonville. There must have been 30k people there. I didn't see any protesters or Biden supporters, however there must have been at least 3 there because that's the main thing the fake media showed. I truely believe Mr. Trump loves this country, and thank God he is our president now! Also if you ride around in North Florida streets the vast majority of signs and supporters are for Trump!
Serious question...has anyone seen a Biden rally, Biden/Harris yard signs and/or supporters, or the enthusiam for Biden like you do for Trump? How they can even think that Biden will win is baffling...
no sign of biden harris in my area. and I live in philadelphia the nest of demorats...
Why Biden looks stronger than Trump and the bear on Trump side?Pathetic
alireza
Wonder what the over under is on crazy joe’s mistakes .
Over price is 2 to 1 there will be at least 3 C'mon Mans!
There is no Vegas Line on Joe's mistakes. Everything he says is problematic determining the position he is for.
Certain people have become so tribal, it's like they are rooting for their favorite football team to "win". Whether or not democracy continues in the USA does not even seem to be an issue for them
You speak as if democracy is some holy word.
thats every election year.
btw USA is a REPUBLIC not a democracy.
Dan is a bot
Get out the popcorn for the debate! If Biden even gets a couple of coherent sentences out they will say he won, the bar has been set so low. Kamila will be the big winner if Biden pulls it off. I give Joe 3 months before he is considered unfit to lead.
Read a transcript of Trump. It is not English.
Thank you, Harry.
 Well said, Harry.
volatility means more downtrend
yes
possible advice during high volatility, stay out of margin.
Given Trump's appalling record, if Biden can't take this debate by a good margin he doesn't deserve to win. The downside of this would be an even more cranky, crazy four more years. As the US passes 209,000 covid deaths, with another thirty-eight days of deaths to count before the election Trump's estimates of peak deaths of zero, 60,000, 75,000, 80,000, 100,000, maybe even 200,000 (a terrible number, etc, etc, but still great result, by his own assessment of his performance), Trump must be looking vulnerable. The only issue he's leading on is the economy and even that is shaky. He seems to think 'economy' and stock market are interchangeable terms.
But you just did, Pat, you just did! :))))
 In Trumpistan? Probably not you, but in the land that has realized the vision painted in 'Idiocracy' there is still one person of average IQ. Is that you...very doubtful.
 All trump has done is fill his and his freeloading childrens pockets, he is a thug with no social graces at all watching from Australia everybody is laughing at him then, we have anguish at what the US is going through ,his lies and thuggish manner, plus lack of any class for a man in his position is pitiful , US was a country to look up to now it is the laughing stock of the world , he did that in 4 years what a waste !!!!!!!
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.