The upcoming midterm elections could give the stock market a sorely needed boost by eliminating at least some of the uncertainty that’s clouding the way for investors.

Asian shares are trading mixed as a wait-and-see mood sets in following another — though more modest — day of sell-offs on Wall Street.

Stocks are closing lower on Wall Street Friday, leaving indexes with a second weekly loss in a row after another bout of turbulence shook markets.

Stocks continued to march higher on Wall Street Friday, giving the S&P 500 its latest record high and its fourth straight weekly gain.

Asian stock markets have risen after Wall Street hit a record high following an uptick in U.S. inflation and a order by regulators to suspend use of Johnson & Johnson’s coronavirus vaccine.

Wall Street is gearing up for an avalanche of trading and volatility ahead of Teslas entry into the S&P 500 index. That makes Tesla the biggest company ever to be added to the S&P 500, and its expected to trigger a torrent of trading by institutional investors in the process. Tesla’s sky high valuation means a move in its stock price will have more of an impact on the S&P 500 than most companies. Despite such warnings, Tesla will soon be a fixture in S&P 500 index funds operated by big fund managers. “Now that it’s part of the S&P 500, it will push more institutional investors to join the crowd,” Bell said.