Midterm elections: What do equity markets typically do and what is priced?

Investing.com -- U.S. stocks have historically gained in the months following midterm elections, with the S&P 500 typically experiencing heightened volatility in September and October before stronger performance toward year-end and into the following spring, according to a UBS research note. The S&P 500 has gained an average 14.5% from the end of August through the end of March in midterm election years since 1950, with a median return of 16.4%, UBS strategists said. The period has typically sta