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Here Are 8 Key Market-Moving Events Left To Come This Year

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Here Are 8 Key Market-Moving Events Left To Come This Year

Goldman Sachs listed eight key events likely to weigh on the market still yet to come for 2016. The list comes on the heels of the S&P 500 witnessing 4.10 percent gain up to September 9 while the SPDR S&P 500 ETF Trust (NYSE: SPY) advanced 4.64 percent in the same period.

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The brokerage indicated that the broader index has witnessed range-bound trading before Election Day — based on the trends from 2012, 2004, 2000, 1996 and before — and is likely to see similar patterns this year.

As such, the following eight events will provide catalysts for the market:

  • September 20–21: FOMC Meeting.
  • September 26: First Presidential Debate.
  • October 4: Vice Presidential Debate.
  • October 9: Second Presidential Debate.
  • October 19: Third Presidential Debate.
  • November 1–2: FOMC Meeting.
  • November 8: U.S. Presidential Election.
  • December 13–14: FOMC Meeting.

At time of publication, SPY was up 0.3 percent at $213.95.

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Posted-In: Analyst Color News Broad U.S. Equity ETFs Previews Politics Events Analyst Ratings Trading Ideas

 

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