Wall Street is rallying following the 2026 U.S. midterm elections, but can the momentum continue through the end of the year? On FINTECH.TV’s Market Movers, Remy Blaire speaks with Mark Newton, CMT, Managing Director and Head of Technical Strategy at Fundstrat Global Advisors, about the stock market’s reaction to the election results, the outlook for technology and artificial intelligence stocks, and why rising Treasury yields and geopolitical risks could complicate the recovery.
Newton examines the market’s response to Democrats gaining control of Congress as major U.S. stock indexes rebound following a difficult October. With the Dow Jones Industrial Average, Nasdaq and S&P 500 advancing by more than 1.5% during the trading session discussed, investors are reassessing whether the election results could help remove uncertainty and support a sustained recovery.
The conversation explores why Newton remains optimistic about the stock market over the next six months despite expecting additional volatility in the near term. He points to historical market performance following midterm elections, highlighting a pattern in which the S&P 500 has delivered positive returns over the subsequent six months across 19 election cycles since 1950, with a median gain of approximately 15%. While historical performance does not guarantee future results, Newton believes the trend provides a constructive backdrop for equities heading into 2027.