The volatility raises the question: Will US equities follow their usual historical pattern of rallying after the midterm polls?
FinTech BizNews Service
Mumbai, 06 November, 2026: The S&P 500 fell Thursday after the US midterm elections sparked a selloff in tech stocks. The volatility raises the question: Will US equities follow their usual historical pattern of rallying after the midterm polls?
Across 18 midterms, the S&P 500 index rose on average 7.5% through year-end, 13.9% over six months, and 15.5% over 12 months, according to Goldman Sachs FICC and Equities. In all 18 instances, the S&P 500 was higher both six and 12 months after the midterms.
The Nasdaq 100 fell about 5% on Thursday and the S&P 500 declined 3%. “We are not seeing buyers step in to defend anything just yet,” John Flood, head of Americas Equities Execution Services in Goldman Sachs FICC and Equities, wrote in a note on Thursday.
