Trump vs. Biden: How the 2024 election could affect Exxon, Nvidia, and other stocks

News Snapshot:

A likely Biden-Trump rematch is top of mind for investors, as former president Donald Trump moves closer to clinching the GOP nomination. For investors, history suggests a strong pre-election year will carry over into the following year. Analysis from Carson Group’s Ryan Detrick found the S&P 500 has recorded gains every election year after a 20%-plus gain in the pre-election year. And while history shows stocks usually go up regardless of which party is in the White House, analysis from Goldman Sachs found that tech is usually the worst performing sector in the year leading up to the general election,...