.The US stocks are continuing their decline along with the Dow currently down 700 aspects or even 1.70%. All the Dow 30 supplies are lower. The S&P index is down -88 factors or even -1.60% at 5408.87. That is actually receiving closer to this one hundred day moving standard of 5391.77. The price move below its own 100 day relocating normal back on August 5 (the day the Nikkei fell -12.4%). The price closed back above that relocating common level on August 8. What are some drivers: The debate results slant towards Kamala Harris. The marketplaces are scared although the plans she mentions are much less arming than Pres. Biden. The company tax obligation fee is actually expected to relocate higher. The babble regarding capital gains income taxes increasing for those bring in more than 1M yearly. Primary rising cost of living was actually still high along with shelter continuing to be a complication. China weak.The Fed cutting by 50 bps gets out the table. Understanding of slower US growth in advance. Geopolitical risks remainPostives: Oil prices are lower.Yields are reduced which decreases home mortgage ratesThe stock exchange flourished under Biden too. First jobless claims are actually not indicating an economic slump. Actual regular incomes climbed which points to productivity gains.This post was actually written by Greg Michalowski at www.forexlive.com.