NEW YORK — Market volatility is back - and investors expect more wild swings in the coming weeks and months as the U.S. presidential election closes in. Regardless of who wins the Nov. 3 election, some market watchers say, markets are likely to grow more turbulent. Economic uncertainty resulting from the coronavirus pandemic still looms large, and the possibility of a delayed vote count due to a large number of mail-in ballots has also unsettled some investors. Moreover, a buildup of positions in big tech-related stocks has increased risk, as seen in a sharp market sell-off on Thursday. On Thursday, the VIX jumped to its highest level in nearly 10 weeks as the S&P 500 fell 3.5%.

Source: New York Times September 04, 2020 09:56 UTC