Wall Street Struggles Ahead Of Election Day, Energy Sector Outperforms, Solar Stocks Rise: What's Driving Markets Monday?

The U.S. stock market struggled to gain momentum on Monday as investors remained cautious ahead of Election Day on Tuesday.

Vice President Kamala Harris holds a 1-point lead over ex-President Donald Trump, according to the New York Times national polling average; she has a 4-point lead among likely voters nationally, according to the latest PBS News/NPR/Marist poll.

Betting markets, as tracked by the CFTC-regulated Kalshi, favor a Trump win at a 53% chance, but with diminishing odds compared to previous weeks. Also, the betting odds are susceptible to wild swings from so-called "whale" bettors, including one individual on Polymarket who spent as much as $43 million on a Trump victory.

See Also: Polymarket’s All-Time Leading Trader Bets Over $500,000 On Kamala Harris, Slams Nate Silver For Including ‘Fake Poll’ Data In Model

“Neither candidate holds a meaningful edge in enough states to win 270 electoral votes. In the history of modern polling, there's never been a race where the final polls showed such a close contest,” said Nate ...