Spiking Yields, Earnings and Elections Set Up a Volatile Fourth Quarter for U.S. Stocks
U.S. equities enter the fourth quarter with a seasonal tailwind, but that familiar pattern is being tested by rising Treasury yields, a crowded earnings calendar and the political uncertainty of the November elections. Investors are also leaning heavily on the durability of artificial intelligence spending, making corporate results and guidance especially important for the marketโs year-end direction.
