November 06, 2012 at 12:23 PM EST
The Nasdaq Now: 'Overly Aggressive' Profit Estimates Remark Costs Express Scripts Heavily
MINYANVILLE ORIGINAL With one huge element of uncertainty to be resolved once America officially decides on its choice of president the US stock market registered solid gains in mid-Tuesday trading.   "Equity markets in presidential election years do not follow a consistent pattern like markets in midterm election years. However median equity performance in the weeks following very competitive elections slightly outpaces performance following less competitive contests " Jan Hatzius chief US economist at Goldman Sachs said in a note according to The Street. "That said this election is unusual in that it will be immediately followed by debate ...
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