Wall St slips as uncertainty surrounds U.S. election

Reuters

U.S. stocks closed slightly down on Monday in a volatile session as investors prepared for a pivotal week with both the presidential election and a Federal Reserve policy announcement approaching.

Presidential candidates Donald Trump and Kamala Harris raced for final support, with polls showing a close contest. A recent Iowa poll showing Harris ahead led to a dip in the U.S. dollar, Treasury yields, and bitcoin, while Trump Media & Technology Group saw a sharp rebound.

The S&P 500 fell 0.28% to 5,712.69, the Nasdaq lost 0.33% to 18,179.98, and the Dow dropped 0.61% to 41,794.60.

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