After Punishing Year for Stocks, Investors Aren’t Betting on Post-Midterm Rally

U.S. stocks have a spotless eight-decade record of rising after midterm elections, but investors and strategists are skeptical over whether November races will spark a rebound in this year’s bruised markets. 

The S&P 500 has moved higher in the one-year period following every midterm election since 1942, according to Dow Jones Market Data. The benchmark on average has gained nearly 15% in post-midterm years since World War II.