As the U.S. presidential election approaches, financial markets are experiencing significant volatility. The S&P 500 fell 1.37% last week, while the Nasdaq dipped 1.5%. On Monday, the Dow Jones Industrial Average dropped 257.59 points (-0.61%) to 41,794.60, the S&P 500 dipped 0.28% to 5,712.69, and the Nasdaq dropped 0.33% to 18,179.98. The dollar has weakened significantly, falling the most since late September, as investors brace for the election outcome and a widely expected 25 basis point rate cut from the Federal Reserve. Treasury yields and bond yields have also declined. Global markets are reacting with mixed responses; Asian markets rose due to anticipated Chinese stimulus measures, while European and U.S. markets dipped. The uncertainty surrounding the election, with potential outcomes involving either Trump or Harris, is contributing to market caution and volatility. Wall Street is particularly affected as investors unwind Trump trades.