Two words are on the mind of every investor looking toward another week in this turbulent stock market: Obama and McCain.
With most major companies' earnings out of the way, and the market already discounting weak economic reports, the elections will be the primary focus next week.
Should the Democratic nominee, Illinois Sen. Barack Obama, win, Wall Street will be anticipating higher taxes on businesses and the wealthy. Republican nominee Sen. John McCain of Arizona, meanwhile, wants to lower the capital gains tax and make permanent President Bush's tax cuts for the rich. In recent weeks, most polls have shown Obama with the lead. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
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