Money and power collide every four years at the intersection of Wall Street and Pennsylvania Avenue. Even though the U.

Let's bust one myth: It is not true. In election cycles since World War II , the Dow Jones industrials have posted bigger average returns under Democratic presidents, the Stock Trader's Almanac says.

Wall Street's scrutiny of the race for the White House between Democrat Barack Obama and Republican John McCain has been especially intense given the fragile state of the economy. Stocks Sensitive to Election Outcome. Wall Street has been churning out election-related research on stocks and the presidency:. However, it appeared late Tuesday that although Obama won the White House, Democrats did not gain control of 60 Senate votes, which would have given them a filibuster-proof majority to push through their agenda.

Since , stocks have gained just 3.

Even after Tuesday's point surge to in the biggest Election Day rally ever, the Dow is down How have stocks fared from Election Day to year's end? Sections Sections Top Stories Watch U. Live Live US House meets for legislative business RADAR: Tropical storm Cindy moves through the deep South EarthTV hosts day live look of global cities observing Ramadan Alpacas graze at the Stargazer Ranch in Loveland, CO Kittens nap in the 'Dorm Cam' in Los Angeles Friends of Forsythe osprey nest in Oceanville, NJ Penguins chill at the Kansas City Zoo in Missouri Barrier reef cam from the Georgia Aquarium Old Faithful Geyser in Yellowstone National Park More Privacy Policy Your CA Privacy Rights Children's Online Privacy Policy Interest-Based Ads Terms of Use Contact Us Yahoo!

Entertainment Virtual Reality Health Tech Investigative Sports Weather Privacy Policy Privacy Policy Your CA Privacy Rights Your CA Privacy Rights Children's Online Privacy Policy Children's Online Privacy Policy Interest-Based Ads Interest-Based Ads Terms of Use Terms of Use Contact Us Contact Us. What Would You Do? History on how presidential elections affect stock markets By ADAM SHELL.

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