CNBC’s Investing Club names top Election Day signal for stocks

What happened

CNBC reported on Nov 3, 19:29 UTC that its Investing Club’s Homestretch named the No. 1 issue to watch on Election Day as a signal for stocks. The report described the Homestretch as “an actionable afternoon update just in time for the last hour of trading.” The item appears as a weekday Investing Club feature aimed at the final hour of trading.

Politics & Macro market context

According to Finnhub, as of Nov 3, 19:45 UTC the SPY ETF (tracks S&P 500) was $754.97 and rose 0.38% from the prior close; the UUP ETF (tracks US Dollar Index) was $29.01 and rose 0.17% from the prior close; and the GLD ETF (tracks Gold) was $359.62 and fell 0.56% from the prior close. The USO ETF (tracks WTI Crude Oil) was $157.66 as of Nov 3, 19:44 UTC and rose 0.50% from the prior close.

Related coverage

Yahoo ran live market coverage on Election Day under the headline “Stock Market Today: Dow Dips But Chip Stocks Pop On Election Day; Apple Slides On Earnings (Live Coverage).” Yahoo also published an update titled “US Equity Indexes Mixed as Apple's Results Underwhelm on Election Day.” theglobeandmail.com published “Investors ready for possible shake - up in Congress as Election Day arrives,” and witn.com ran a local item on House Speaker Mike Johnson rallying for North Carolina Republicans.

• Election Day: Here is the No. 1 issue we're watching as a signal for stocks — CNBC, Nov 3, 19:29 UTC
• Stock Market Today: Dow Dips But Chip Stocks Pop On Election Day; Apple Slides On Earnings (Live Coverage) — Yahoo, Nov 3, 15:20 UTC
• Update: US Equity Indexes Mixed as Apple's Results Underwhelm on Election Day — Yahoo, Nov 3, 17:50 UTC
• Investors ready for possible shake - up in Congress as Election Day arrives — theglobeandmail.com, Nov 3, 11:15 UTC
• House Speaker Mike Johnson rallies for NC Republicans on eve of Election Day — witn.com, Nov 3, 02:15 UTC

What to watch

The Bank of England rate decision and Monetary Policy Report is scheduled Thu Nov 5, 12:00 UTC. The Productivity and Costs release is scheduled Thu Nov 5, 13:30 UTC. The Employment Situation is scheduled Fri Nov 6, 13:30 UTC.

• Wed Nov 4 (time not confirmed) — International trade balance (BEA/Census) (US) (source)
• Thu Nov 5 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Thu Nov 5, 12:00 UTC — Bank of England rate decision and Monetary Policy Report (GB) (source)
• Thu Nov 5, 13:30 UTC — Productivity and Costs (US) (source)
• Fri Nov 6, 13:30 UTC — Employment Situation (US) (source)

Sources and data

• CNBC (secondary source) — Election Day: Here is the No. 1 issue we're watching as a signal for stocks
• Yahoo (secondary source) — Stock Market Today: Dow Dips But Chip Stocks Pop On Election Day; Apple Slides On Earnings (Live Coverage)
• theglobeandmail.com (secondary source) — Investors ready for possible shake - up in Congress as Election Day arrives
• witn.com (secondary source) — House Speaker Mike Johnson rallies for NC Republicans on eve of Election Day
• Finnhub (market data) — market data
• U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
• U.S. Energy Information Administration via FRED (primary source) — calendar
• Bank of England (primary source) — calendar
• U.S. Bureau of Labor Statistics (primary source) — calendar
• Federal Reserve (primary source) — calendar
• European Central Bank (euro reference rates) (primary source) — calendar

Market data as of Nov 3, 19:45 UTC; report generated Nov 3, 19:50 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.