Investors Cautious With Election Ahead, Treasury Yields Surge Further, Tesla Surprises: This Week In The Market

With the presidential election just two weeks away, investor risk appetite is taking a pause, resulting in a broadly flat week for Wall Street. Election uncertainty continues to loom large among investors as concerns persist over fiscal policies and potential trade disruptions due to tariffs.

Treasury yields rose further during the week, reflecting growing expectations that regardless of the election outcome, the next administration may struggle to enact stricter fiscal measures.

Adding to the cautious mood, the International Monetary Fund issued warnings on the long-term trajectory of U.S. national debt.  

The S&P 500, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), endured three consecutive losing sessions before rebounding slightly to end the week, as strong earnings reinforced the view that corporate America remains resilient.

Tesla Inc. (NASDAQ:TSLA) was the standout in earnings ...