The three major U.S. stock indices all fell, Trump's trade "receded", and the market's demand for risk avoidance increased

According to monitoring, as the U.S. election enters its final countdown, the three major U.S. stock indices collectively fell on Monday amid a majority of investors adopting a wait-and-see approach. The S&P 500 index fell by 0.28%, Dow Jones dropped by 0.61%, and Nasdaq declined by 0.33%. Given the tight race between Trump and Harris, supporters from both sides were seen placing "another bet" on Monday. Trump Media Technology Group, which had fallen in double digits for three consecutive days prior, finally rose by 12.37% after experiencing a temporary drop of 5% on Monday. Bets favoring Harris's victory are also increasing with photovoltaic and clean energy concept stocks rising collectively on Monday due to this sentiment.

The cryptocurrency market has once again experienced widespread declines due to the continued weakness caused by "Trump trades". As of press time, Bitcoin is reported at $67,939 (a decrease of 1.4%), while Ethereum is at $2,407 (down by 2.32%). In terms of foreign exchange commodities; “Trump trades” have been reduced along with expectations that the Federal Reserve will cut interest rates by 25 basis points this Thursday causing the dollar index to fall more than .4% below104 before Election Day - reaching a two-week low and recording its largest decline in over a month as non-US currencies generally rise.

Oil prices received support mid-day rising nearly up to3% due to OPEC+ announcing delays in production increases.The gold price was boosted factors such as uncertainty surrounding US elections triggering safe-haven demand,the expectation that Fed would cut interest rates,and dollar index touching two-week lows,resulting spot gold closing up .05%.

In recent days,a series polls showed gap between Trump's & Harris' winning odds rapidly narrowing.Currently,vote counts for both parties are very close.Market fears disputed vote count results could delay election outcome by several days.Furthermore,if Trump loses,his supporters might cite these data to "corroborate" election fraud,triggering unrest.Another catalyst for risk aversion sentiment is the interest rate decision held by Federal Reserve this Thursday and Powell's speech at press conference.As two storms approach this week,market volatility has intensified,and demand for safe havens has increased.